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Where Does Wall Street Think Argo Blockchain PLC - ADR (ARBK) Stock Will Go?

Thursday, October 26, 2023 09:50 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Argo Blockchain PLC - ADR (ARBK) Stock Will Go?

Analysts who follow Argo Blockchain PLC - ADR (ARBK) on average expect it to gain 34.11% 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 18, which means it ranks higher than 18 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.4
Wall Street analysts are rating ARBK a Buy today. Find out what this means to you and get the rest of the rankings on ARBK!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Argo Blockchain PLC - ADR Stock Today?

Argo Blockchain PLC - ADR (ARBK) stock is trading at $1.29 as of 9:42 AM on Thursday, Oct 26, a decline of -$0.17, or -11.64% from the previous closing price of $1.46. The stock has traded between $1.29 and $1.33 so far today. Volume today is light. So far 14,604 shares have traded compared to average volume of 136,290 shares. Click Here to get the full Stock Report for Argo Blockchain PLC - ADR stock.

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