InvestorsObserver is giving BioDelivery Sciences International, Inc. (BDSI) an Analyst Rating Rank of 78, meaning BDSI is ranked higher by analysts than 78% of stocks. The average price target for BDSI is $8 and analyst’s rate the stock as a Strong Buy
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With BioDelivery Sciences International, Inc. Stock Today?
BioDelivery Sciences International, Inc. (BDSI) stock is trading at $4.18 as of 11:45 AM on Tuesday, Mar 9, a gain of $0.18, or 4.38% from the previous closing price of $4.00. The stock has traded between $4.00 and $4.23 so far today. Volume today is low. So far 535,060 shares have traded compared to average volume of 1,081,003 shares.
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