InvestorsObserver is giving Dada Nexus Ltd - ADR (DADA) an Analyst Rating Rank of 70, meaning DADA is ranked higher by analysts than 70% of stocks. The average price target for DADA is $22.1 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating DADA a Strong Buy today. Find out what this means to you and get the rest of the rankings on DADA!
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 Dada Nexus Ltd - ADR Stock Today?
Dada Nexus Ltd - ADR (DADA) stock is trading at $6.60 as of 1:42 PM on Wednesday, May 18, a loss of -$0.22, or -3.23% from the previous closing price of $6.82. The stock has traded between $6.47 and $7.28 so far today. Volume today is 1,195,185 compared to average volume of 1,341,097.
Click Here to get the full Stock Report for Dada Nexus Ltd - ADR stock.
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