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What is Wall Street's Target Price for IQIYI Inc - ADR (IQ) Stock Friday?

Friday, November 12, 2021 11:34 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for IQIYI Inc - ADR (IQ) Stock Friday?

Analysts who follow IQIYI Inc - ADR (IQ) on average expect it to climb 61.54% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns IQ an Analyst Ranking of 13, which means it ranks higher than 13 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating IQ a Buy today. Find out what this means to you and get the rest of the rankings on IQ!

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 IQIYI Inc - ADR Stock Today?

IQIYI Inc - ADR (IQ) stock is trading at $9.01 as of 11:33 AM on Friday, Nov 12, a gain of $0.02, or 0.17% from the previous closing price of $8.99. Volume today is low. So far 1,798,497 shares have traded compared to average volume of 7,610,791 shares. The stock has traded between $8.73 and $9.03 so far today. Click Here to get the full Stock Report for IQIYI Inc - ADR stock.

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