Do Analysts Expect Resideo Technologies Inc (REZI) Stock to Rise After It Has Gained 1.48% in a Month?

InvestorsObserver is giving Resideo Technologies Inc (REZI) an Analyst Rating Rank of 20, meaning REZI is ranked higher by analysts than 20% of stocks. The average price target for REZI is $19 and analyst’s rate the stock as a Buy.

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

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Resideo Technologies Inc Stock Today?

Resideo Technologies Inc (REZI) stock is trading at $15.80 as of 1:18 PM on Friday, Nov 3, a gain of $0.27, or 1.74% from the previous closing price of $15.53. The stock has traded between $15.80 and $16.22 so far today. Volume today is below average. So far 236,369 shares have traded compared to average volume of 686,229 shares. Click Here to get the full Stock Report for Resideo Technologies Inc stock.