Where Does Wall Street Think Turning Point Brands Inc (TPB) Stock Will Go?

Wall Street is positive on Turning Point Brands Inc (TPB). On average, analysts give TPB a Strong Buy rating. The average price target is $55.333, which means analysts expect the stock to gain by 7.55% over the next twelve months. That average ranking earns TPB an Analyst Rating of 75, which is better than 75% of stocks based on data compiled by InvestorsObserver.

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

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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 Turning Point Brands Inc Stock Today?

Turning Point Brands Inc (TPB) stock has fallen -0.54% while the S&P 500 is higher by 0.12% as of 2:46 PM on Wednesday, Jul 28. TPB is down -$0.28 from the previous closing price of $51.73 on volume of 165,055 shares. Over the past year the S&P 500 is higher by 36.92% while TPB is higher by 54.78%. TPB earned $2.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.79. Click Here to get the full Stock Report for Turning Point Brands Inc stock.