Do Analysts Agree Friday on Lyell Immunopharma Inc (LYEL) Stock's Target Price?

Friday, November 10, 2023 01:25 PM | InvestorsObserver Analysts

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Wall Street is positive on Lyell Immunopharma Inc (LYEL). On average, analysts give Lyell Immunopharma Inc a Buy rating. The average price target is $6.8, which means analysts expect the stock to increase by 309.64% over the next twelve months. That average ranking earns Lyell Immunopharma Inc an Analyst Rating of 30, which is better than 30% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating LYEL a Buy today. Find out what this means to you and get the rest of the rankings on LYEL!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Lyell Immunopharma Inc Stock Today?

Lyell Immunopharma Inc (LYEL) stock is lower by -24.43% while the S&P 500 is up 1.14% as of 1:18 PM on Friday, Nov 10. LYEL is down -$0.54 from the previous closing price of $2.19 on volume of 631,823 shares. Over the past year the S&P 500 is higher by 11.13% while LYEL is down -66.53%. LYEL lost -$0.76 per share the over the last 12 months. Click Here to get the full Stock Report for Lyell Immunopharma Inc stock.

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