Neptune Wellness Solutions Inc (NEPT) Rises Friday, But Analysts Call It A Buy: Will This Cannabis Stock Take Off?

Friday, July 30, 2021 03:33 PM | InvestorsObserver Analysts

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Neptune Wellness Solutions Inc (NEPT) Rises Friday, But Analysts Call It A Buy: Will This Cannabis Stock Take Off?

NEPT stock is higher by 0.72% Friday as the cannabis stock increases $0.01 and outperforms the market. InvestorsObserver is giving Neptune Wellness Solutions Inc (NEPT) an Analyst Rating Rank of 21, meaning NEPT is ranked higher by analysts than 21% of stocks. The average price target for NEPT is $1.727 and analyst’s rate the stock as a Buy.

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

See Full NEPT Report

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Neptune Wellness Solutions Inc Stock Today?

Neptune Wellness Solutions Inc (NEPT) stock is trading at $0.81 as of 3:32 PM on Friday, Jul 30, a gain of $0.01, or 0.72% from the previous closing price of $0.80. The stock has traded between $0.79 and $0.81 so far today. Volume today is low. So far 476,087 shares have traded compared to average volume of 1,781,817 shares. Click Here to get the full Stock Report for Neptune Wellness Solutions Inc stock.