What is Wall Street's Target Price for Worthington Industries, Inc. (WOR) Stock Friday?

Wall Street is positive on Worthington Industries, Inc. (WOR). On average, analysts give WOR a Hold rating. The average price target is $68, which means analysts expect the stock to gain by 45.45% over the next twelve months. That average ranking earns WOR an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

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

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Worthington Industries, Inc. Stock Today?

Worthington Industries, Inc. (WOR) stock has risen 5.77% while the S&P 500 is down -0.11% as of 10:50 AM on Friday, Dec 1. WOR is up $2.55 from the previous closing price of $44.20 on volume of 146,102 shares. Over the past year the S&P 500 has gained 11.93% while WOR is down -16.95%. WOR earned $5.82 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.96. Click Here to get the full Stock Report for Worthington Industries, Inc. stock.