Wall Street is neutral on GameStop Corp. (GME). On average, analysts give GME a Sell rating. The average price target is $15.333, which means analysts expect the stock to fall by -94.44% over the next twelve months.
That average ranking earns GME an Analyst Rating of 2, which is better than 2% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With GameStop Corp. Stock Today?
GameStop Corp. (GME) stock is higher by 7.57% while the S&P 500 is down -0.31% as of 11:55 AM on Friday, Mar 12. GME has risen $19.40 from the previous closing price of $256.20 on volume of 14,089,241 shares. Over the past year the S&P 500 has gained 58.31% while GME has risen 6824.62%. GME lost -$4.25 per share the over the last 12 months.
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