Shares of OneWater Marine Inc (NASDAQ: ONEW) surpassed the average analyst 12-month target price of $13.00, reaching $13.04 per share. This milestone prompts analysts to reassess their ratings, with potential adjustments either upward or downward based on company performance and market conditions. The average target is influenced by four distinct analysts; however, estimates vary from a low of $12.00 to a high of $14.00, with a standard deviation of $0.816.
Currently, the analyst ratings indicate three “Strong Buy” ratings and four “Hold” ratings, with no “Buy,” “Sell,” or “Strong Sell” ratings present. The average rating remains steady at 2.14 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell.” This consistent outlook suggests a positive sentiment toward OneWater Marine, particularly after its recent performance.
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