Square To Rise By 4%, Vetr Crowd Says

Shares of Square Inc SQ have had a very volatile year but are ultimately down more than 14 percent. And, while they experienced a rebound in August, they went back to declining at the end of the month and have since lost more than 9 percent.

Over the past week, however, the stock gained about 1 percent, and the Vetr crowd seems to believe the rally will continue, as evidenced by its average price target of $11.74, which implies a potential return of roughly 4 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the aforementioned upside potential, the Vetr community upgraded its rating on shares of Square on Friday, from 3.0 Stars (Hold) to 3.5 Stars (Buy) – out of a possible 5 Stars rating.

It should be noted that, pretty much in accordance with the current score and price target, 60 percent of the crowd’s ratings are bullish right now.