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Do Analysts Expect Trimble Inc (TRMB) Stock to Rise After It Has Fallen -19.15% in a Month?

Monday, November 13, 2023 03:09 PM | InvestorsObserver Analysts

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Do Analysts Expect Trimble Inc (TRMB) Stock to Rise After It Has Fallen -19.15% in a Month?

Analysts who follow Trimble Inc (TRMB) on average expect it to increase 29.30% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 33, which means it ranks higher than 33 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating TRMB a Buy today. Find out what this means to you and get the rest of the rankings on TRMB!

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 Trimble Inc Stock Today?

Trimble Inc (TRMB) stock is trading at $40.99 as of 3:08 PM on Monday, Nov 13, a decline of -$0.86, or -2.07% from the previous closing price of $41.85. The stock has traded between $40.90 and $41.65 so far today. Volume today is light. So far 830,746 shares have traded compared to average volume of 1,528,419 shares. Click Here to get the full Stock Report for Trimble Inc stock.

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