Will SiteOne Landscape Supply Inc (SITE) Stock Beat the Market?
Analysts who follow SiteOne Landscape Supply Inc (SITE) on average expect it to increase 20.67% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating earns SiteOne Landscape Supply Inc an Analyst Ranking of 4, which means it ranks higher than 4 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What’s Happening With SiteOne Landscape Supply Inc Stock Today?
SiteOne Landscape Supply Inc (SITE) stock is trading at $161.36 as of 1:18 PM on Monday, Mar 7, a drop of -$5.64, or -3.38% from the previous closing price of $167.00. The stock has traded between $161.18 and $168.13 so far today. Volume today is light. So far 171,050 shares have traded compared to average volume of 349,648 shares.
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