Inter & Co, Inc Shares Surpass Analyst Target, Now Priced at $6.75
Recently, shares of Inter & Co, Inc (Symbol: INTR) traded above the average 12-month target price set by analysts at $6.73, currently priced at $6.75 per share. When a stock reaches its target, analysts typically face two choices: downgrade their valuation or adjust their target price upward. Their decision may also depend on recent business developments indicating whether the stock’s rise is sustainable.
Six analysts contribute to the target price for Inter & Co, Inc. While the average target price is $6.73, this figure encompasses a range of individual estimates. One analyst has set a lower target of $4.00, while another has forecasted a higher target of $8.00. The standard deviation among these estimates is $1.488.
The purpose of examining the average price target is to leverage collective analyst sentiment rather than relying on a single analyst’s opinion. With INTR’s current price exceeding the average target, investors may want to reassess the company’s prospects. They must consider whether $6.73 is merely a stepping stone to an even higher target or if the valuation has become stretched, warranting a re-evaluation of their investment. Below is a summary table displaying the current analyst ratings for Inter & Co, Inc:
| Recent INTR Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Months Ago | 3 Months Ago |
| Strong buy ratings: | 5 | 5 | 5 | 5 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 0 | 0 | 0 | 0 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 1 | 1 | 1 | 1 |
| Average rating: | 1.67 | 1.67 | 1.67 | 1.67 |
The average rating in the table follows a scale from 1 to 5, where 1 is Strong Buy and 5 is Strong Sell. This analysis utilized data from Zacks Investment Research via Quandl.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
