What is Wall Street's Target Price for MICT Inc (MICT) Stock Wednesday?

Wednesday, September 15, 2021 11:10 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for MICT Inc (MICT) Stock Wednesday?

Analysts who follow MICT Inc (MICT) on average expect it to increase 140.11% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns the stock an Analyst Ranking of 75, which means it ranks higher than 75 of stocks, based on data compiled by InvestorsObserver.

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

See Full MICT Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With MICT Inc Stock Today?

MICT Inc (MICT) stock is lower by -7.33% while the S&P 500 has risen 0.25% as of 11:05 AM on Wednesday, Sep 15. MICT is down -$0.14 from the previous closing price of $1.91 on volume of 1,574,363 shares. Over the past year the S&P 500 is up 30.96% while MICT is down -68.39%. MICT lost -$0.94 per share the over the last 12 months. Click Here to get the full Stock Report for MICT Inc stock.