Wall Street is positive on Godaddy Inc (GDDY). On average, analysts give the stock a Strong Buy rating. The average price target is $97.636, which means analysts expect the stock to gain by 7.29% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 78, which is better than 78% of stocks based on data compiled by InvestorsObserver.
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 Godaddy Inc Stock Today?
Godaddy Inc (GDDY) stock is up 1.88% while the S&P 500 has fallen -0.01% as of 2:27 PM on Tuesday, Feb 9. GDDY is higher by $1.68 from the previous closing price of $89.32 on volume of 1,622,809 shares. Over the past year the S&P 500 has gained 16.80% while GDDY is higher by 30.97%. GDDY lost -$3.10 per share the over the last 12 months.
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