InvestorsObserver is giving Rigel Pharmaceuticals Inc (RIGL) an Analyst Rating Rank of 33, meaning RIGL is ranked higher by analysts than 33% of stocks. The average price target for RIGL is $3.492 and analyst’s rate the stock as a Buy.
Wall Street analysts are rating RIGL a Buy today. Find out what this means to you and get the rest of the rankings on RIGL!
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 Rigel Pharmaceuticals Inc Stock Today?
Rigel Pharmaceuticals Inc (RIGL) stock is trading at $1.68 as of 11:44 AM on Monday, Jan 30, a drop of -$0.12, or -6.94% from the previous closing price of $1.80. The stock has traded between $1.67 and $1.80 so far today. Volume today is low. So far 1,179,671 shares have traded compared to average volume of 3,475,884 shares.
Click Here to get the full Stock Report for Rigel Pharmaceuticals Inc stock.
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