How Does Paramount Global Class B (PARA) Stock Rank on Wall Street Friday?

Analysts who follow Paramount Global Class B (PARA) on average expect it to increase 7.89% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Paramount Global Class B an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

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

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Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Paramount Global Class B Stock Today?

Paramount Global Class B (PARA) stock is trading at $20.05 as of 12:05 PM on Friday, Mar 24, a loss of -$0.69, or -3.33% from the previous closing price of $20.74. The stock has traded between $19.75 and $20.54 so far today. Volume today is less active than usual. So far 4,482,984 shares have traded compared to average volume of 11,866,387 shares. Click Here to get the full Stock Report for Paramount Global Class B stock.