Wall Street is positive on Alcoa Corp (AA). On average, analysts give Alcoa Corp a Buy rating. The average price target is $52.625, which means analysts expect the stock to increase by 16.45% over the next twelve months. That average ranking earns Alcoa Corp an Analyst Rating of 25, which is better than 25% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What’s Happening With Alcoa Corp Stock Today?
Alcoa Corp (AA) stock is trading at $45.19 as of 10:50 AM on Wednesday, Jan 4, a gain of $0.60, or 1.36% from the previous closing price of $44.59. The stock has traded between $44.37 and $45.37 so far today. Volume today is below average. So far 665,591 shares have traded compared to average volume of 4,107,207 shares. Click Here to get the full Stock Report for Alcoa Corp stock.
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