Wall Street is positive on XpresSpa Group Inc (XSPA). On average, analysts give the stock a Strong Buy rating. The average price target is $3.5, which means analysts expect the stock to increase by 84.21% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 78, which is better than 78% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With XpresSpa Group Inc Stock Today?
XpresSpa Group Inc (XSPA) stock is trading at $1.90 as of 9:50 AM on Monday, Mar 1, an increase of $0.14, or 7.95% from the previous closing price of $1.76. The stock has traded between $1.81 and $1.95 so far today. Volume today is less active than usual. So far 571,393 shares have traded compared to average volume of 16,982,054 shares.