Wall Street is positive on Aytu Bioscience Inc (AYTU). On average, analysts give AYTU a Strong Buy rating. The average price target is $2.75, which means analysts expect the stock to increase by 121.77% over the next twelve months.
That average ranking earns AYTU an Analyst Rating of 80, which is better than 80% 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.
Investors Observer 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 Aytu Bioscience Inc Stock Today?
Aytu Bioscience Inc (AYTU) stock is trading at $1.24 as of 1:46 PM on Wednesday, Sep 16, a gain of $0.06, or 5.08% from the previous closing price of $1.18. The stock has traded between $1.18 and $1.24 so far today. Volume today is below average. So far 1,891,831 shares have traded compared to average volume of 3,560,383 shares.
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