Analysts who follow Amazon.com, Inc. (AMZN) on average expect it to rise 19.66% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating puts Amazon.com, Inc. higher than 76 of stocks, based on data compiled by InvestorsObserver.
Click Here to get the full report on Amazon.com, Inc. (AMZN) Stock.
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 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 Amazon.com, Inc. Stock Today?
Amazon.com, Inc. (AMZN) stock is trading at $1,837.42 as of 12:13 PM on Monday, Jan 27, a decline of -$24.22, or -1.3% from the previous closing price of $1,861.64. The stock has traded between $1,815.34 and $1,839.00 so far today. Volume today is below average. So far 1,856,913 shares have traded compared to average volume of 3,397,354 shares.
