Where does Western Digital stand with analysts

During the last quarter, Western Digital WDC observed the following analyst notes:

Bullish Rather bullish Indifferent a bit bearish Bearish Total ratings 6 2 3 0 0 last 30 days 0 0 0 0 0 1M ago 3 1 2 0 0 2 months ago 1 1 1 0 0 3 months ago 2 0 0 0 0

Based on 11 analysts offering 12-month price targets over the past 3 months, Western Digital has an average price target of $61.0 with a high of 70 $.00 and a minimum of $45.00.

Below is a summary of how these 11 analysts have rated Western Digital over the past 3 months. The higher the number of bullish ratings, the more analysts are positive on the security and the higher the number of bearish ratings, the more analysts are negative on the security

This current average is down 15.28% from the previous average price target of $72.00.

Analysts work in banking and financial systems and typically specialize in reporting on stocks or defined industries. Analysts can attend company conference calls and meetings, research company financials, and communicate with insiders to issue "analyst notes" for stocks. Analysts typically rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and industry analysts are also human and only offer their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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