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How Does Enact Holdings Inc (ACT) Stock Rank on Wall Street Monday?

Monday, March 27, 2023 03:32 PM | InvestorsObserver Analysts

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How Does Enact Holdings Inc (ACT) Stock Rank on Wall Street Monday?

Wall Street is positive on Enact Holdings Inc (ACT). On average, analysts give ACT a Buy rating. The average price target is $26.916, which means analysts expect the stock to climb by 18.89% over the next twelve months. That average ranking earns ACT an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating ACT a Buy today. Find out what this means to you and get the rest of the rankings on ACT!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Enact Holdings Inc Stock Today?

Enact Holdings Inc (ACT) stock is trading at $22.64 as of 3:28 PM on Monday, Mar 27, an increase of $0.32, or 1.43% from the previous closing price of $22.32. The stock has traded between $22.37 and $22.80 so far today. Volume today is low. So far 32,168 shares have traded compared to average volume of 118,601 shares. Click Here to get the full Stock Report for Enact Holdings Inc stock.

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