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How Does PAR Technology Corp (PAR) Stock Rank on Wall Street Wednesday?

Wednesday, November 22, 2023 12:09 PM | InvestorsObserver Analysts

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How Does PAR Technology Corp (PAR) Stock Rank on Wall Street Wednesday?

InvestorsObserver is giving PAR Technology Corp (PAR) an Analyst Rating Rank of 33, meaning PAR is ranked higher by analysts than 33% of stocks. The average price target for PAR is $45 and analyst’s rate the stock as a Buy.

Overall Score - 3.9
Wall Street analysts are rating PAR a Buy today. Find out what this means to you and get the rest of the rankings on PAR!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With PAR Technology Corp Stock Today?

PAR Technology Corp (PAR) stock is trading at $38.71 as of 11:45 AM on Wednesday, Nov 22, an increase of $0.95, or 2.52% from the previous closing price of $37.76. The stock has traded between $38.09 and $38.78 so far today. Volume today is light. So far 41,169 shares have traded compared to average volume of 281,898 shares. Click Here to get the full Stock Report for PAR Technology Corp stock.

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