Do analysts agree Thursday on the Daqo New Energy Corp (DQ) share price?

Wall Street is positive on Daqo New Energy Corp (DQ). On average, analysts give DQ a buy rating. The average price target is $ 84.516, which means analysts expect the stock to rise 120.67% over the next twelve months. This average ranking gives DQ an analyst rating of 15, which is better than 15% of stocks based on data compiled by Investors Observer.

Wall Street analysts are pricing DQ to buy today. Find out what this means to you and get the rest of the leaderboard on DQ!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.

Investors Observer combines the ratings of these analysts and ranks them in percentiles. This gives you the ability to compare stocks globally as opposed to a standard buy / hold / sell rating.

What is happening with the shares of Daqo New Energy Corp today?

Daqo New Energy Corp (DQ) stock is down -4.05% while the S&P 500 is up 0.58% at 10:54 a.m. on Thursday, December 23. DQ is down – $ 1.62 from the previous closing price of $ 39.92 on volume of 337,977 shares. Over the past year, the S&P 500 is up 28.01% while the DQ is down -34.41%. DQ has earned $ 8.89 per share over the past 12 months, giving it a price / earnings ratio of 4.31. Click here for the full Daqo New Energy Corp. share report.

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