XL Fleet Corp (XL) Stock: Do Analysts Think You Should Accumulate?

Tuesday, December 21, 2021 10:47 AM | InvestorsObserver Analysts

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XL Fleet Corp (XL) Stock: Do Analysts Think You Should Accumulate?

InvestorsObserver is giving XL Fleet Corp (XL) an Analyst Rating Rank of 4, meaning XL is ranked higher by analysts than 4% of stocks. The average price target for XL is $18 and analyst’s rate the stock as a Hold.

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

See Full XL Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With XL Fleet Corp Stock Today?

XL Fleet Corp (XL) stock has fallen -9.97% while the S&P 500 has risen 0.34% as of 10:37 AM on Tuesday, Dec 21. XL is down -$0.37 from the previous closing price of $3.71 on volume of 2,978,560 shares. Over the past year the S&P 500 is up 24.05% while XL is down -82.91%. XL lost -$0.41 per share the over the last 12 months. Click Here to get the full Stock Report for XL Fleet Corp stock.