Where Does Wall Street Think Porch Group Inc (PRCH) Stock Will Go?

InvestorsObserver is giving Porch Group Inc (PRCH) an Analyst Rating Rank of 47, meaning PRCH is ranked higher by analysts than 47% of stocks. The average price target for PRCH is $4.6 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating PRCH a Strong Buy today. Find out what this means to you and get the rest of the rankings on PRCH!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Porch Group Inc Stock Today?

Porch Group Inc (PRCH) stock is trading at $1.58 as of 1:05 PM on Friday, Nov 24, a gain of $0.22, or 16.18% from the previous closing price of $1.36. The stock has traded between $1.33 and $1.59 so far today. Volume today is 1,184,500 compared to average volume of 1,421,413. Click Here to get the full Stock Report for Porch Group Inc stock.