Do Analysts Expect Multiplan Corp (MPLN) Stock to Rise After It Is Higher By 9.38% in a Month?

InvestorsObserver is giving Multiplan Corp (MPLN) an Analyst Rating Rank of 5, meaning MPLN is ranked higher by analysts than 5% of stocks. The average price target for MPLN is $1.766 and analyst’s rate the stock as a Hold.

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

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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 Multiplan Corp Stock Today?

Multiplan Corp (MPLN) stock is trading at $1.75 as of 2:21 PM on Monday, Sep 25, a rise of $0.07, or 4.17% from the previous closing price of $1.68. The stock has traded between $1.65 and $1.82 so far today. Volume today is less active than usual. So far 420,296 shares have traded compared to average volume of 1,133,491 shares. Click Here to get the full Stock Report for Multiplan Corp stock.