How Does Exela Technologies Inc (XELA) Stock Rank on Wall Street Friday?

Wall Street is positive on Exela Technologies Inc (XELA). On average, analysts give the stock a Hold rating. The average price target is $2, which means analysts expect the stock to increase by 4900.00% over the next twelve months. That average ranking earns the stock an Analyst Rating of 6, which is better than 6% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating XELA a Hold today. Find out what this means to you and get the rest of the rankings on XELA!

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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 attention to and 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 Exela Technologies Inc Stock Today?

Exela Technologies Inc (XELA) stock is unchanged -0.26% while the S&P 500 is down -0.51% as of 10:51 AM on Friday, Mar 24. XELA is unmoved $0.00 from the previous closing price of $0.04 on volume of 26,961,848 shares. Over the past year the S&P 500 is down -13.09% while XELA is down -99.56%. XELA lost -$14.84 per share the over the last 12 months. Click Here to get the full Stock Report for Exela Technologies Inc stock.