InvestorsObserver is giving Nio Inc - ADR (NIO) an Analyst Rating Rank of 63, meaning NIO is ranked higher by analysts than 63% of stocks. The average price target for NIO is $41.4 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating NIO a Strong Buy today. Find out what this means to you and get the rest of the rankings on NIO!
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 Nio Inc - ADR Stock Today?
Nio Inc - ADR (NIO) stock is trading at $15.95 as of 1:28 PM on Thursday, May 26, a rise of $1.30, or 8.91% from the previous closing price of $14.64. The stock has traded between $14.33 and $16.13 so far today. Volume today is 48,657,954 compared to average volume of 62,545,726.
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