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Where Does Wall Street Think Vertex Energy Inc (VTNR) Stock Will Go?

Tuesday, March 19, 2024 03:21 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Vertex Energy Inc (VTNR) Stock Will Go?

InvestorsObserver is giving Vertex Energy Inc (VTNR) an Analyst Rating Rank of 16, meaning VTNR is ranked higher by analysts than 16% of stocks. The average price target for VTNR is $3.36 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
Wall Street analysts are rating VTNR a Buy today. Find out what this means to you and get the rest of the rankings on VTNR!

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 Vertex Energy Inc Stock Today?

Vertex Energy Inc (VTNR) stock is trading at $1.23 as of 3:17 PM on Tuesday, Mar 19, a rise of $0.07, or 5.6% from the previous closing price of $1.16. The stock has traded between $1.14 and $1.25 so far today. Volume today is low. So far 1,194,914 shares have traded compared to average volume of 2,391,346 shares. Click Here to get the full Stock Report for Vertex Energy Inc stock.

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