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What is Wall Street's Target Price for Greenland Technologies Holding Corp (GTEC) Stock Wednesday?

Wednesday, October 20, 2021 01:35 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Greenland Technologies Holding Corp (GTEC) Stock Wednesday?

Wall Street is positive on Greenland Technologies Holding Corp (GTEC). On average, analysts give the stock a Strong Buy rating. The average price target is $14, which means analysts expect the stock to gain by 124.72% over the next twelve months. That average ranking earns the stock an Analyst Rating of 75, which is better than 75% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating GTEC a Strong Buy today. Find out what this means to you and get the rest of the rankings on GTEC!

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 Greenland Technologies Holding Corp Stock Today?

Greenland Technologies Holding Corp (GTEC) stock is trading at $6.23 as of 1:33 PM on Wednesday, Oct 20, an increase of $0.09, or 1.55% from the previous closing price of $6.13. The stock has traded between $6.10 and $6.36 so far today. Volume today is below average. So far 15,265 shares have traded compared to average volume of 30,659 shares. Click Here to get the full Stock Report for Greenland Technologies Holding Corp stock.

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