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EV Stock Workhorse Group Inc (WKHS) Surges 2.8% Friday; Analysts Call It A Buy, Are They Wrong?

Friday, December 02, 2022 02:16 PM | InvestorsObserver Analysts

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EV Stock Workhorse Group Inc (WKHS) Surges 2.8% Friday; Analysts Call It A Buy, Are They Wrong?

EV stock WKHS is higher by 2.8% Friday. Analysts who follow Workhorse Group Inc (WKHS) on average expect it to rise 68.07% 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 17, which means it ranks higher than 17 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.4
Wall Street analysts are rating WKHS a Buy today. Find out what this means to you and get the rest of the rankings on WKHS!

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 Workhorse Group Inc Stock Today?

Workhorse Group Inc (WKHS) stock is higher by 2.8% while the S&P 500 is lower by -0.65% as of 2:14 PM on Friday, Dec 2. WKHS has risen $0.07 from the previous closing price of $2.32 on volume of 2,250,156 shares. Over the past year the S&P 500 is lower by -11.52% while WKHS is lower by -54.84%. WKHS lost -$1.57 per share the over the last 12 months. Click Here to get the full Stock Report for Workhorse Group Inc stock.

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