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Do Analysts Agree Friday on Arqit Quantum Inc (ARQQ) Stock's Target Price?

Friday, May 26, 2023 10:28 AM | InvestorsObserver Analysts
Do Analysts Agree Friday on Arqit Quantum Inc (ARQQ) Stock's Target Price?

Wall Street is positive on Arqit Quantum Inc (ARQQ). On average, analysts give the stock a Buy rating. The average price target is $3.575, which means analysts expect the stock to add by 205.56% over the next twelve months. That average ranking earns the stock an Analyst Rating of 36, which is better than 36% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4
Wall Street analysts are rating ARQQ a Buy today. Find out what this means to you and get the rest of the rankings on ARQQ!

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 Arqit Quantum Inc Stock Today?

Arqit Quantum Inc (ARQQ) stock is trading at $1.17 as of 10:13 AM on Friday, May 26, a rise of $0.04, or 4.02% from the previous closing price of $1.12. The stock has traded between $1.12 and $1.18 so far today. Volume today is low. So far 192,260 shares have traded compared to average volume of 1,308,905 shares. Click Here to get the full Stock Report for Arqit Quantum Inc stock.

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