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Where Does Wall Street Think Grindrod Shipping Holdings Ltd (GRIN) Stock Will Go?

Friday, March 31, 2023 03:28 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Grindrod Shipping Holdings Ltd (GRIN) Stock Will Go?

Analysts who follow Grindrod Shipping Holdings Ltd (GRIN) on average expect it to increase 200.00% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Grindrod Shipping Holdings Ltd an Analyst Ranking of 6, which means it ranks higher than 6 of stocks, based on data compiled by InvestorsObserver.

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

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 Grindrod Shipping Holdings Ltd Stock Today?

Grindrod Shipping Holdings Ltd (GRIN) stock is trading at $10.50 as of 3:19 PM on Friday, Mar 31, a rise of $0.01, or 0.1% from the previous closing price of $10.49. Volume today is light. So far 32,911 shares have traded compared to average volume of 98,457 shares. The stock has traded between $10.45 and $10.97 so far today. Click Here to get the full Stock Report for Grindrod Shipping Holdings Ltd stock.

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