How Does Genesis Energy, L.P. common stock (GEL) Stock Rank on Wall Street Thursday?

InvestorsObserver is giving Genesis Energy, L.P. common stock (GEL) an Analyst Rating Rank of 23, meaning GEL is ranked higher by analysts than 23% of stocks. The average price target for GEL is $13.2 and analyst’s rate the stock as a Buy.

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

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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 Genesis Energy, L.P. common stock Stock Today?

Genesis Energy, L.P. common stock (GEL) stock is trading at $12.00 as of 11:56 AM on Thursday, Aug 18, a gain of $1.05, or 9.59% from the previous closing price of $10.95. The stock has traded between $11.01 and $12.16 so far today. Volume today is below average. So far 301,736 shares have traded compared to average volume of 625,958 shares. Click Here to get the full Stock Report for Genesis Energy, L.P. common stock stock.