Seagen Inc (SGEN) Stock: Do Analysts Think You Should Sell?

Thursday, September 09, 2021 11:33 AM | InvestorsObserver Analysts

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Seagen Inc (SGEN) Stock: Do Analysts Think You Should Sell?

Wall Street is positive on Seagen Inc (SGEN). On average, analysts give Seagen Inc a Buy rating. The average price target is $178.166, which means analysts expect the stock to add by 16.97% over the next twelve months. That average ranking earns Seagen Inc an Analyst Rating of 27, which is better than 27% of stocks based on data compiled by InvestorsObserver.

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

See Full SGEN Report

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 Seagen Inc Stock Today?

Seagen Inc (SGEN) stock is down -0.28% while the S&P 500 is up 0.08% as of 11:27 AM on Thursday, Sep 9. SGEN is down -$0.43 from the previous closing price of $152.75 on volume of 215,244 shares. Over the past year the S&P 500 is up 32.92% while SGEN is up 2.66%. SGEN earned $3.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 46.68. Click Here to get the full Stock Report for Seagen Inc stock.