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Pot Stock Surges 3.29% Wednesday; What Do Analysts Think The Future Is For Neptune Wellness Solutions Inc (NEPT)?

Wednesday, July 21, 2021 11:12 AM | InvestorsObserver Analysts
Pot Stock Surges 3.29% Wednesday; What Do Analysts Think The Future Is For Neptune Wellness Solutions Inc (NEPT)?

Neptune Wellness Solutions Inc is a player in the cannabis industry that is higher by 3.29% Wednesday. Wall Street is positive on Neptune Wellness Solutions Inc (NEPT). On average, analysts give NEPT a Buy rating. The average price target is $2.65, which means analysts expect the stock to gain by 215.48% over the next twelve months. That average ranking earns NEPT an Analyst Rating of 21, which is better than 21% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
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!

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 $0.84 as of 11:11 AM on Wednesday, Jul 21, a rise of $0.03, or 3.29% from the previous closing price of $0.81. The stock has traded between $0.78 and $0.84 so far today. Volume today is light. So far 862,619 shares have traded compared to average volume of 1,833,853 shares. Click Here to get the full Stock Report for Neptune Wellness Solutions Inc stock.

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