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How Does Luckin Coffee Inc - ADR (LK) Stock Rank on Wall Street?

Friday, June 05, 2020 09:52 AM | InvestorsObserver Analysts

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How Does Luckin Coffee Inc - ADR (LK) Stock Rank on Wall Street?

InvestorsObserver is giving Luckin Coffee Inc - ADR (LK) an Analyst Rating Rank of 0, meaning LK is ranked higher by analysts than 0% of stocks. The average projection by analysts for LK is $40 over the next 12 months and analyst’s classify the stock as a Buy

Overall Score - 3.5
Wall Street analysts are rating LK a Buy today. Find out what this means to you and get the rest of the rankings on LK!

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 Luckin Coffee Inc - ADR Stock Today?

Luckin Coffee Inc - ADR (LK) stock is trading at $6.16 as of 9:45 AM on Friday, Jun 5, a gain of $2.11, or 52.12% from the previous closing price of $4.05. The stock has traded between $5.50 and $6.79 so far today. Volume today is below average. So far 24,436,109 shares have traded compared to average volume of 41,554,295 shares.

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