Infrastructure & Energy Alternatives Inc (IEA) Stock: Do Analysts Think You Should Hold?

Thursday, April 21, 2022 02:18 PM | InvestorsObserver Analysts

Mentioned in this article

Infrastructure & Energy Alternatives Inc (IEA) Stock: Do Analysts Think You Should Hold?

Wall Street is positive on Infrastructure & Energy Alternatives Inc (IEA). On average, analysts give Infrastructure & Energy Alternatives Inc a Strong Buy rating. The average price target is $17.333, which means analysts expect the stock to increase by 61.54% over the next twelve months. That average ranking earns Infrastructure & Energy Alternatives Inc an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.

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

See Full IEA 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 Infrastructure & Energy Alternatives Inc Stock Today?

Infrastructure & Energy Alternatives Inc (IEA) stock is trading at $10.73 as of 2:18 PM on Thursday, Apr 21, a loss of -$0.96, or -8.25% from the previous closing price of $11.69. The stock has traded between $10.71 and $11.86 so far today. Volume today is low. So far 260,959 shares have traded compared to average volume of 647,360 shares. Click Here to get the full Stock Report for Infrastructure & Energy Alternatives Inc stock.