Analysts have provided the following ratings for Oatly Group OTLY within the last quarter:
Last 30 Days | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|
Bullish | 0 | 0 | 0 | 3 |
Somewhat Bullish | 0 | 2 | 0 | 2 |
Indifferent | 1 | 0 | 0 | 4 |
Somewhat Bearish | 0 | 0 | 0 | 0 |
Bearish | 0 | 0 | 0 | 0 |
12 analysts offering 12-month price targets in the last 3 months for Oatly Group evaluate the company at an average price target of $29.25 with a high of $35.00 and a low of $20.00.
This current average represents a 0.27% increase from the previous average price target of $29.33.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may suggest actions like "buy", "sell", "hold", or similar verbage for each stock based on research compiled from the corresponding company. Analysts who suggest "buy" are telling traders to purchase the stock based on forecasted growth. On the flip side, analysts who suggest "sell" are telling traders to dump the stock because of a similarly forecasted decline. Analysts who suggest "hold" are telling investors that they see short-term or mid-term stagnation and to maintain their positions on the stock.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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