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What is Wall Street's Target Price for Nine Energy Service Inc (NINE) Stock Monday?

Monday, November 29, 2021 03:40 PM | InvestorsObserver Analysts
What is Wall Street's Target Price for Nine Energy Service Inc (NINE) Stock Monday?

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.

Overall Score - 3
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. Click Here to get the full Stock Report for Nine Energy Service Inc stock.

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