Wall Street is positive on Nutriband Inc (NTRB). On average, analysts give Nutriband Inc a Strong Buy rating. The average price target is $24, which means analysts expect the stock to gain by 280.35% over the next twelve months.
That average ranking earns Nutriband Inc an Analyst Rating of 75, which is better than 75% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating NTRB a Strong Buy today. Find out what this means to you and get the rest of the rankings on NTRB!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Nutriband Inc Stock Today?
Nutriband Inc (NTRB) stock is trading at $6.31 as of 9:45 AM on Thursday, Oct 28, an increase of $0.52, or 8.98% from the previous closing price of $5.79. The stock has traded between $5.80 and $6.47 so far today. Volume today is below average. So far 34,122 shares have traded compared to average volume of 2,814,197 shares.
Click Here to get the full Stock Report for Nutriband Inc stock.