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What is Wall Street's Target Price for DouYu International Holdings Ltd (DOYU) Stock Wednesday?

Wednesday, June 08, 2022 10:25 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for DouYu International Holdings Ltd (DOYU) Stock Wednesday?

InvestorsObserver is giving DouYu International Holdings Ltd (DOYU) an Analyst Rating Rank of 2, meaning DOYU is ranked higher by analysts than 2% of stocks. The average price target for DOYU is $3.2 and analyst’s rate the stock as a Hold.

Overall Score - 2.4
Wall Street analysts are rating DOYU a Hold today. Find out what this means to you and get the rest of the rankings on DOYU!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With DouYu International Holdings Ltd Stock Today?

DouYu International Holdings Ltd (DOYU) stock has risen 12.99% while the S&P 500 is lower by -0.53% as of 10:21 AM on Wednesday, Jun 8. DOYU has gained $0.16 from the previous closing price of $1.27 on volume of 601,239 shares. Over the past year the S&P 500 is lower by -2.10% while DOYU is lower by -82.33%. DOYU lost -$0.28 per share the over the last 12 months. Click Here to get the full Stock Report for DouYu International Holdings Ltd stock.

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