Wall Street is neutral on Nine Energy Service Inc (NINE). On average, analysts give NINE a Hold rating. The average price target is $2.875, which means analysts expect the stock to climb by 96.92% over the next twelve months.
That average ranking earns NINE an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating NINE a Hold today. Find out what this means to you and get the rest of the rankings on NINE!
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 Nine Energy Service Inc Stock Today?
Nine Energy Service Inc (NINE) stock is trading at $1.46 as of 3:29 PM on Monday, Nov 29, an increase of $0.01, or 1.04% from the previous closing price of $1.44. The stock has traded between $1.42 and $1.47 so far today. Volume today is light. So far 102,407 shares have traded compared to average volume of 145,887 shares.
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