Wall Street is positive on WiMi Hologram Cloud Inc - ADR (WIMI). On average, analysts give WIMI a Strong Buy rating. The average price target is $7, which means analysts expect the stock to climb by 82.77% over the next twelve months.
That average ranking earns WIMI an Analyst Rating of 75, which is better than 75% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating WIMI a Strong Buy today. Find out what this means to you and get the rest of the rankings on WIMI!
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With WiMi Hologram Cloud Inc - ADR Stock Today?
WiMi Hologram Cloud Inc - ADR (WIMI) stock has risen 1.59% while the S&P 500 is lower by -0.54% as of 10:22 AM on Friday, Sep 17. WIMI has risen $0.06 from the previous closing price of $3.77 on volume of 161,739 shares. Over the past year the S&P 500 has risen 32.54% while WIMI is lower by -42.92%. WIMI lost -$0.36 per share the over the last 12 months.
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