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Analyst Rating: Will Synlogic Inc (SYBX) Stock Outperform the Market?

Wednesday, February 14, 2024 11:46 AM | InvestorsObserver Analysts

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Analyst Rating: Will Synlogic Inc (SYBX) Stock Outperform the Market?

Wall Street is positive on Synlogic Inc (SYBX). On average, analysts give SYBX a Hold rating. The average price target is $15.5, which means analysts expect the stock to climb by 817.16% over the next twelve months. That average ranking earns SYBX an Analyst Rating of 5, which is better than 5% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3
Wall Street analysts are rating SYBX a Hold today. Find out what this means to you and get the rest of the rankings on SYBX!

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 Synlogic Inc Stock Today?

Synlogic Inc (SYBX) stock is down -2.87% while the S&P 500 has gained 0.33% as of 11:43 AM on Wednesday, Feb 14. SYBX is lower by -$0.05 from the previous closing price of $1.74 on volume of 22,972 shares. Over the past year the S&P 500 is higher by 20.14% while SYBX is lower by -86.26%. SYBX lost -$12.72 per share the over the last 12 months. Click Here to get the full Stock Report for Synlogic Inc stock.

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