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Do Analysts Agree Friday on Recursion Pharmaceuticals Inc (RXRX) Stock's Target Price?

Friday, November 24, 2023 11:09 AM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Recursion Pharmaceuticals Inc (RXRX) Stock's Target Price?

Wall Street is positive on Recursion Pharmaceuticals Inc (RXRX). On average, analysts give the stock a Buy rating. The average price target is $15.285, which means analysts expect the stock to climb by 117.12% over the next twelve months. That average ranking earns the stock an Analyst Rating of 26, which is better than 26% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.7
Wall Street analysts are rating RXRX a Buy today. Find out what this means to you and get the rest of the rankings on RXRX!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Recursion Pharmaceuticals Inc Stock Today?

Recursion Pharmaceuticals Inc (RXRX) stock is trading at $7.04 as of 11:07 AM on Friday, Nov 24, an increase of $0.25, or 3.76% from the previous closing price of $6.78. The stock has traded between $6.71 and $7.05 so far today. Volume today is less active than usual. So far 908,993 shares have traded compared to average volume of 3,880,188 shares. Click Here to get the full Stock Report for Recursion Pharmaceuticals Inc stock.

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