Published: April 27, 2022

Analysts Expect Inc (LTRY) Stock to Rise

Last Updated: Wednesday, April 27, 2022 2:29 PM | InvestorsObserver Analysts

Wall Street is positive on Inc (LTRY). On average, analysts give Inc a Strong Buy rating. The average price target is $14, which means analysts expect the stock to rise by 418.52% over the next twelve months. That average ranking earns Inc an Analyst Rating of 72, which is better than 72% of stocks based on data compiled by InvestorsObserver.

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 Inc Stock Today? Inc (LTRY) stock is trading at $2.70 as of 2:28 PM on Wednesday, Apr 27, a gain of $0.27, or 11.36% from the previous closing price of $2.42. The stock has traded between $2.44 and $2.73 so far today. Volume today is low. So far 116,405 shares have traded compared to average volume of 175,931 shares.

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