Do Analysts Agree Friday on Homology Medicines Inc (FIXX) Stock's Target Price?
Friday, January 26, 2024 03:59 PM | InvestorsObserver Analysts
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Analysts who follow Homology Medicines Inc (FIXX) on average expect it to climb 474.32% over the next twelve months. Those same analysts give the stock an average rating of Hold.
That average rating earns the stock an Analyst Ranking of 5, which means it ranks higher than 5 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating FIXX a Hold today. Find out what this means to you and get the rest of the rankings on FIXX!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Homology Medicines Inc Stock Today?
Homology Medicines Inc (FIXX) stock has gained 18.13% while the S&P 500 has fallen -0.09% as of 3:58 PM on Friday, Jan 26. FIXX is higher by $0.11 from the previous closing price of $0.63 on volume of 1,557,615 shares. Over the past year the S&P 500 has gained 20.43% while FIXX has fallen -51.63%. FIXX lost -$2.27 per share the over the last 12 months.
Click Here to get the full Stock Report for Homology Medicines Inc stock.
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