Do Analysts Agree Thursday on Sesen Bio Inc (SESN) Stock's Target Price?

Thursday, February 23, 2023 03:31 PM | InvestorsObserver Analysts

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Do Analysts Agree Thursday on Sesen Bio Inc (SESN) Stock's Target Price?

Wall Street is positive on Sesen Bio Inc (SESN). On average, analysts give SESN a Hold rating. The average price target is $0.6, which means analysts expect the stock to gain by 1.69% over the next twelve months. That average ranking earns SESN an Analyst Rating of 6, which is better than 6% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating SESN a Hold today. Find out what this means to you and get the rest of the rankings on SESN!

See Full SESN Report

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 Sesen Bio Inc Stock Today?

Sesen Bio Inc (SESN) stock is trading at $0.59 as of 3:11 PM on Thursday, Feb 23, a rise of $0.02, or 3.6% from the previous closing price of $0.57. The stock has traded between $0.57 and $0.60 so far today. Volume today is low. So far 175,920 shares have traded compared to average volume of 875,713 shares. Click Here to get the full Stock Report for Sesen Bio Inc stock.