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Do Analysts Expect ChemoCentryx Inc (CCXI) Stock to Rise?

Wednesday, September 16, 2020 02:41 PM | InvestorsObserver Analysts

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Do Analysts Expect ChemoCentryx Inc (CCXI) Stock to Rise?

Analysts who follow ChemoCentryx Inc (CCXI) on average expect it to climb 34.13% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.

That average rating earns CCXI an Analyst Ranking of 80, which means it ranks higher than 80 of stocks, based on data compiled by InvestorsObserver.

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

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.

Investors Observer 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 ChemoCentryx Inc Stock Today?

ChemoCentryx Inc (CCXI) stock is trading at $54.21 as of 2:38 PM on Wednesday, Sep 16, a rise of $1.25, or 2.36% from the previous closing price of $52.96. The stock has traded between $53.06 and $55.03 so far today. Volume today is 562,123 compared to average volume of 483,599.

Click Here to get the full report on ChemoCentryx Inc (CCXI) Stock.

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