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Analyst Rating: Will Incyte Corporation (INCY) Stock Do Better Than the Market?

Monday, November 27, 2023 03:18 PM | InvestorsObserver Analysts

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Analyst Rating: Will Incyte Corporation (INCY) Stock Do Better Than the Market?

Analysts who follow Incyte Corporation (INCY) on average expect it to gain 43.28% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Incyte Corporation an Analyst Ranking of 30, which means it ranks higher than 30 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.8
Wall Street analysts are rating INCY a Buy today. Find out what this means to you and get the rest of the rankings on INCY!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Incyte Corporation Stock Today?

Incyte Corporation (INCY) stock is trading at $52.65 as of 3:17 PM on Monday, Nov 27, a loss of -$1.09, or -2.03% from the previous closing price of $53.74. The stock has traded between $52.41 and $53.68 so far today. Volume today is below average. So far 682,426 shares have traded compared to average volume of 1,738,169 shares. Click Here to get the full Stock Report for Incyte Corporation stock.

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