Investors Observer gives MINISO Group Holding Ltd – ADR (MNSO) an analyst rating rank of 75, which means MNSO is ranked higher by analysts than 75% of stocks. The average price target for MNSO is $ 33.5 and the analyst rates the stock as a strong buy.
Why are analyst ratings important?
You can learn a lot about a business by looking at its financial statements and comparing them to other businesses. Analysts who cover an industry in depth, however, can add even more to your research. They usually follow a particular sector or industry very closely. They also pay attention and ask about income conference calls and other events where they might learn information that shows up in the numbers.
Investors Observer takes the average score of these analysts, then the percentile ranks these averages. This allows you to compare stocks much more accurately than just seeing the typical five-level rating system used on most Wall Street.
What is happening with MINISO Group Holding Ltd – ADR Stock Today?
MINISO Group Holding Ltd – ADR (MNSO) stock is trading at $ 15.58 at 10:42 a.m. on Monday, August 9, down $ -0.26, or -1.64% from the closing price previous $ 15.84. The stock has traded between $ 15.07 and $ 15.78 so far today. The volume today is less active than usual. So far, 190,232 shares have been traded for an average volume of 702,054 shares. Click here for the full stock report for MINISO Group Holding Ltd – ADR stock.