Do Analysts Expect Ion Geophysical Corp (IO) Stock to Rise After It Has Fallen -24.88% in a Month?

Tuesday, July 20, 2021 09:47 AM | InvestorsObserver Analysts

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Do Analysts Expect Ion Geophysical Corp (IO) Stock to Rise After It Has Fallen -24.88% in a Month?

Wall Street is positive on Ion Geophysical Corp (IO). On average, analysts give IO a Buy rating. The average price target is $4.2, which means analysts expect the stock to rise by 162.50% over the next twelve months. That average ranking earns IO an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating IO a Buy today. Find out what this means to you and get the rest of the rankings on IO!

See Full IO Report

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Ion Geophysical Corp Stock Today?

Ion Geophysical Corp (IO) stock has fallen -5.04% while the S&P 500 is up 0.42% as of 9:42 AM on Tuesday, Jul 20. IO is lower by -$0.08 from the previous closing price of $1.69 on volume of 27,227 shares. Over the past year the S&P 500 is higher by 31.51% while IO is lower by -34.96%. IO lost -$2.90 per share the over the last 12 months. Click Here to get the full Stock Report for Ion Geophysical Corp stock.