Do Analysts Expect IPG Photonics Corporation (IPGP) Stock to Rise After It Is Higher By 4.47% in a Month?

Wall Street is positive on IPG Photonics Corporation (IPGP). On average, analysts give IPGP a Buy rating. The average price target is $124.166, which means analysts expect the stock to increase by 30.56% over the next twelve months. That average ranking earns IPGP an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

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

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Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With IPG Photonics Corporation Stock Today?

IPG Photonics Corporation (IPGP) stock is trading at $95.10 as of 3:10 PM on Tuesday, Nov 21, a loss of -$0.90, or -0.94% from the previous closing price of $96.00. The stock has traded between $94.59 and $95.71 so far today. Volume today is below average. So far 56,872 shares have traded compared to average volume of 260,919 shares. Click Here to get the full Stock Report for IPG Photonics Corporation stock.