Analysts who follow Beyond Meat Inc (BYND) on average expect it to decline -19.45% over the next twelve months. Those same analysts give the stock an average rating of Sell.
That average rating earns BYND an Analyst Ranking of 1, which means it ranks higher than 1 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating BYND a Sell today. Find out what this means to you and get the rest of the rankings on BYND!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Beyond Meat Inc Stock Today?
Beyond Meat Inc (BYND) stock is trading at $7.31 as of 12:20 PM on Thursday, Jan 18, a rise of $0.03, or 0.37% from the previous closing price of $7.28. The stock has traded between $7.08 and $7.36 so far today. Volume today is light. So far 462,730 shares have traded compared to average volume of 3,080,040 shares.
Click Here to get the full Stock Report for Beyond Meat Inc stock.
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