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Do Analysts Agree Wednesday on BioNTech SE - ADR (BNTX) Stock's Target Price?

Wednesday, May 18, 2022 02:36 PM | InvestorsObserver Analysts

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Do Analysts Agree Wednesday on BioNTech SE - ADR (BNTX) Stock's Target Price?

InvestorsObserver is giving BioNTech SE - ADR (BNTX) an Analyst Rating Rank of 14, meaning BNTX is ranked higher by analysts than 14% of stocks. The average price target for BNTX is $240.7 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
Wall Street analysts are rating BNTX a Buy today. Find out what this means to you and get the rest of the rankings on BNTX!

Why are Analyst Ratings Important?

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 BioNTech SE - ADR Stock Today?

BioNTech SE - ADR (BNTX) stock is trading at $157.42 as of 2:31 PM on Wednesday, May 18, a decline of -$2.38, or -1.49% from the previous closing price of $159.80. The stock has traded between $155.71 and $160.80 so far today. Volume today is less active than usual. So far 597,369 shares have traded compared to average volume of 1,417,553 shares. Click Here to get the full Stock Report for BioNTech SE - ADR stock.

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