Wall Street is neutral on Illumina, Inc. (ILMN). On average, analysts give ILMN a Buy rating. The average price target is $306.142, which means analysts expect the stock to add by 1.98% over the next twelve months.
That average ranking earns ILMN an Analyst Rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.
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 Illumina, Inc. Stock Today?
Illumina, Inc. (ILMN) stock is trading at $300.21 as of 1:19 PM on Friday, Sep 25, an increase of $13.90, or 4.86% from the previous closing price of $286.31. The stock has traded between $279.88 and $300.97 so far today. Volume today is high. So far 2,221,091 shares have traded compared to average volume of 1,559,197 shares.
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