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What is Wall Street's Target Price for GreenPower Motor Company Inc (GP) Stock Friday?

Friday, May 20, 2022 01:47 PM | InvestorsObserver Analysts
What is Wall Street's Target Price for GreenPower Motor Company Inc (GP) Stock Friday?

Analysts who follow GreenPower Motor Company Inc (GP) on average expect it to rise 262.69% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns GP an Analyst Ranking of 72, which means it ranks higher than 72 of stocks, based on data compiled by InvestorsObserver.

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

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 GreenPower Motor Company Inc Stock Today?

GreenPower Motor Company Inc (GP) stock is trading at $3.86 as of 1:42 PM on Friday, May 20, a drop of -$0.14, or -3.62% from the previous closing price of $4.00. The stock has traded between $3.81 and $4.10 so far today. Volume today is more active than usual. So far 208,322 shares have traded compared to average volume of 122,486 shares. Click Here to get the full Stock Report for GreenPower Motor Company Inc stock.

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