Wall Street is positive on Cerus Corporation (CERS). On average, analysts give the stock a Strong Buy rating. The average price target is $9.1, which means analysts expect the stock to increase by 8.98% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 79, which is better than 79% 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 Cerus Corporation Stock Today?
Cerus Corporation (CERS) stock is up 11.33% while the S&P 500 has fallen -0.12% as of 3:06 PM on Tuesday, Dec 22. CERS is up $0.85 from the previous closing price of $7.50 on volume of 3,523,572 shares. Over the past year the S&P 500 is higher by 14.47% while CERS is up 96.47%. CERS lost -$0.40 per share the over the last 12 months.