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What is Wall Street's Target Price for Sunworks Inc (SUNW) Stock?

Monday, January 25, 2021 10:25 AM | InvestorsObserver Analysts

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What is Wall Street's Target Price for Sunworks Inc (SUNW) Stock?

Wall Street is neutral on Sunworks Inc (SUNW). On average, analysts give Sunworks Inc a Sell rating. The average price target is $0.8, which means analysts expect the stock to fall by -97.25% over the next twelve months.

That average ranking earns Sunworks Inc an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating SUNW a Sell today. Find out what this means to you and get the rest of the rankings on SUNW!

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 Sunworks Inc Stock Today?

Sunworks Inc (SUNW) stock is trading at $29.10 as of 10:21 AM on Monday, Jan 25, an increase of $6.20, or 27.07% from the previous closing price of $22.90. The stock has traded between $25.01 and $29.25 so far today. Volume today is less active than usual. So far 3,942,313 shares have traded compared to average volume of 9,643,175 shares.

Click Here to get the full report on Sunworks Inc (SUNW) Stock.

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