What Is Wall Street’s Target Price For Golden Nugget Online Gaming Inc (GNOG) Stock Thursday? – InvestorsObserver

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Thursday, December 30, 2021 11:46 AM | InvestorsObserver Analysts

Analysts who follow Golden Nugget Online Gaming Inc (GNOG) on average expect it to increase 131.60% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns GNOG an Analyst Ranking of 20, which means it ranks higher than 20 of stocks, based on data compiled by InvestorsObserver.

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 Golden Nugget Online Gaming Inc Stock Today?

Golden Nugget Online Gaming Inc (GNOG) stock is trading at $10.11 as of 11:46 AM on Thursday, Dec 30, a rise of $0.46, or 4.77% from the previous closing price of $9.65. The stock has traded between $9.53 and $10.18 so far today. Volume today is less active than usual. So far 223,227 shares have traded compared to average volume of 658,417 shares. Click Here to get the full Stock Report for Golden Nugget Online Gaming Inc stock.

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