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What is Wall Street's Target Price for BRC Inc (BRCC) Stock Friday?

Friday, December 09, 2022 03:20 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for BRC Inc (BRCC) Stock Friday?

Wall Street is positive on BRC Inc (BRCC). On average, analysts give the stock a Buy rating. The average price target is $12.714, which means analysts expect the stock to add by 109.80% over the next twelve months. That average ranking earns the stock an Analyst Rating of 32, which is better than 32% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating BRCC a Buy today. Find out what this means to you and get the rest of the rankings on BRCC!

Why are Analyst Ratings Important?

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 BRC Inc Stock Today?

BRC Inc (BRCC) stock is higher by 1.17% while the S&P 500 is down -0.04% as of 3:16 PM on Friday, Dec 9. BRCC has risen $0.07 from the previous closing price of $5.99 on volume of 229,486 shares. Over the past year the S&P 500 has fallen -15.12% while BRCC is down -41.11%. BRCC lost -$0.42 per share the over the last 12 months. Click Here to get the full Stock Report for BRC Inc stock.

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