What is Wall Street's Target Price for Rada Electronic Industries Ltd (RADA) Stock Thursday?

Thursday, August 18, 2022 11:08 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Rada Electronic Industries Ltd (RADA) Stock Thursday?

Analysts who follow Rada Electronic Industries Ltd (RADA) on average expect it to add 35.30% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 32, which means it ranks higher than 32 of stocks, based on data compiled by InvestorsObserver.

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

See Full RADA Report

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 Rada Electronic Industries Ltd Stock Today?

Rada Electronic Industries Ltd (RADA) stock is up 0.65% while the S&P 500 is lower by -0.07% as of 11:02 AM on Thursday, Aug 18. RADA has risen $0.07 from the previous closing price of $10.77 on volume of 43,190 shares. Over the past year the S&P 500 is down -2.94% while RADA is lower by -4.58%. RADA earned $0.40 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 26.86. Click Here to get the full Stock Report for Rada Electronic Industries Ltd stock.