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Analyst Rating: Will Editas Medicine Inc (EDIT) Stock Beat the Market?

Wednesday, March 13, 2024 12:02 PM | InvestorsObserver Analysts

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Analyst Rating: Will Editas Medicine Inc (EDIT) Stock Beat the Market?

InvestorsObserver is giving Editas Medicine Inc (EDIT) an Analyst Rating Rank of 34, meaning EDIT is ranked higher by analysts than 34% of stocks. The average price target for EDIT is $15 and analyst’s rate the stock as a Buy.

Overall Score - 3.9
Wall Street analysts are rating EDIT a Buy today. Find out what this means to you and get the rest of the rankings on EDIT!

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 Editas Medicine Inc Stock Today?

Editas Medicine Inc (EDIT) stock is flat 0% while the S&P 500 is lower by -0.09% as of 12:02 PM on Wednesday, Mar 13. EDIT is unchanged $0.00 from the previous closing price of $8.61 on volume of 354,711 shares. Over the past year the S&P 500 has risen 31.93% while EDIT has gained 2.14%. EDIT lost -$2.02 per share the over the last 12 months. Click Here to get the full Stock Report for Editas Medicine Inc stock.

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