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Do Analysts Agree Wednesday on Danimer Scientific Inc (DNMR) Stock's Target Price?

Wednesday, January 19, 2022 03:00 PM | InvestorsObserver Analysts
Do Analysts Agree Wednesday on Danimer Scientific Inc (DNMR) Stock's Target Price?

Wall Street is positive on Danimer Scientific Inc (DNMR). On average, analysts give Danimer Scientific Inc a Strong Buy rating. The average price target is $23, which means analysts expect the stock to add by 321.25% over the next twelve months. That average ranking earns Danimer Scientific Inc an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating DNMR a Strong Buy today. Find out what this means to you and get the rest of the rankings on DNMR!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Danimer Scientific Inc Stock Today?

Danimer Scientific Inc (DNMR) stock is trading at $5.46 as of 2:59 PM on Wednesday, Jan 19, a decline of -$0.47, or -7.93% from the previous closing price of $5.93. The stock has traded between $5.35 and $6.01 so far today. Volume today is more active than usual. So far 7,705,448 shares have traded compared to average volume of 3,352,123 shares. Click Here to get the full Stock Report for Danimer Scientific Inc stock.

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