How Does KNOT Offshore Partners LP (KNOP) Stock Rank on Wall Street Tuesday?

InvestorsObserver is giving KNOT Offshore Partners LP (KNOP) an Analyst Rating Rank of 6, meaning KNOP is ranked higher by analysts than 6% of stocks. The average price target for KNOP is $10.5 and analyst’s rate the stock as a Hold.

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

See Full KNOP Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With KNOT Offshore Partners LP Stock Today?

KNOT Offshore Partners LP (KNOP) stock is higher by 3.39% while the S&P 500 is lower by -0.24% as of 11:56 AM on Tuesday, Jan 24. KNOP is up $0.19 from the previous closing price of $5.61 on volume of 278,021 shares. Over the past year the S&P 500 is down -9.07% while KNOP is lower by -63.10%. KNOP earned $1.87 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.11. Click Here to get the full Stock Report for KNOT Offshore Partners LP stock.