GameStop Corp (GME) Stock: Do Analysts Think You Should Buy? (2024)

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Monday, June 05, 2023 10:56 AM | InvestorsObserver Analysts

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GameStop Corp (GME) Stock: Do Analysts Think You Should Buy? (1)

InvestorsObserver is giving GameStop Corp (GME) an Analyst Rating Rank of 1, meaning GME is ranked higher by analysts than 1% of stocks. The average price target for GME is $13.25 and analyst’s rate the stock as a Sell.

GameStop Corp (GME) Stock: Do Analysts Think You Should Buy? (2)

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

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 GameStop Corp Stock Today?

GameStop Corp (GME) stock is trading at $25.44 as of 10:44 AM on Monday, Jun 5, a rise of $0.80, or 3.23% from the previous closing price of $24.65. The stock has traded between $24.45 and $25.58 so far today. Volume today is light. So far 1,297,286 shares have traded compared to average volume of 2,892,445 shares. Click Here to get the full Stock Report for GameStop Corp stock.

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