Where Does Wall Street Think Reed's, Inc. (REED) Stock Will Go?

Thursday, December 02, 2021 11:49 AM | InvestorsObserver Analysts

Mentioned in this article

Where Does Wall Street Think Reed's, Inc. (REED) Stock Will Go?

InvestorsObserver is giving Reed's, Inc. (REED) an Analyst Rating Rank of 74, meaning REED is ranked higher by analysts than 74% of stocks. The average price target for REED is $1.55 and analyst’s rate the stock as a Strong Buy.

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

See Full REED Report

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 Reed's, Inc. Stock Today?

Reed's, Inc. (REED) stock is down -9.95% while the S&P 500 is higher by 0.96% as of 11:47 AM on Thursday, Dec 2. REED has fallen -$0.04 from the previous closing price of $0.41 on volume of 1,685,429 shares. Over the past year the S&P 500 is up 24.18% while REED has fallen -41.27%. REED lost -$0.17 per share the over the last 12 months. Click Here to get the full Stock Report for Reed's, Inc. stock.