Do Analysts Expect Joann Inc (JOAN) Stock to Rise After It Has Fallen -10.17% in a Month?

Friday, September 01, 2023 10:36 AM | InvestorsObserver Analysts

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Do Analysts Expect Joann Inc (JOAN) Stock to Rise After It Has Fallen -10.17% in a Month?

Wall Street is positive on Joann Inc (JOAN). On average, analysts give the stock a Hold rating. The average price target is $2.05, which means analysts expect the stock to add by 93.40% over the next twelve months. That average ranking earns the stock an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.

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

See Full JOAN 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 Joann Inc Stock Today?

Joann Inc (JOAN) stock is trading at $1.06 as of 10:34 AM on Friday, Sep 1, a gain of $0.01, or 0.95% from the previous closing price of $1.05. The stock has traded between $1.06 and $1.09 so far today. Volume today is less active than usual. So far 7,750 shares have traded compared to average volume of 772,698 shares. Click Here to get the full Stock Report for Joann Inc stock.