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Niu Technologies - ADR (NIU) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?

Wednesday, June 29, 2022 03:09 PM | InvestorsObserver Analysts
Niu Technologies - ADR (NIU) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?

Electric Vehicle stock NIU is lower by 1.04% Wednesday. InvestorsObserver is giving Niu Technologies - ADR (NIU) an Analyst Rating Rank of 4, meaning NIU is ranked higher by analysts than 4% of stocks. The average price target for NIU is $13.166 and analyst’s rate the stock as a Hold.

Overall Score - 3
Wall Street analysts are rating NIU a Hold today. Find out what this means to you and get the rest of the rankings on NIU!

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 Niu Technologies - ADR Stock Today?

Niu Technologies - ADR (NIU) stock is trading at $8.54 as of 3:09 PM on Wednesday, Jun 29, a loss of -$0.09, or -1.04% from the previous closing price of $8.63. The stock has traded between $8.30 and $8.72 so far today. Volume today is less active than usual. So far 204,877 shares have traded compared to average volume of 475,738 shares. Click Here to get the full Stock Report for Niu Technologies - ADR stock.

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