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What is the Forecast Price for Aytu Bioscience Inc (AYTU) Stock?

Wednesday, December 16, 2020 10:14 AM | InvestorsObserver Analysts
What is the Forecast Price for Aytu Bioscience Inc (AYTU) Stock?

Wall Street is positive on Aytu Bioscience Inc (AYTU). On average, analysts give Aytu Bioscience Inc a Strong Buy rating. The average price target is $23.75, which means analysts expect the stock to increase by 275.20% over the next twelve months.

That average ranking earns Aytu Bioscience Inc an Analyst Rating of 79, which is better than 79% of stocks based on data compiled by InvestorsObserver.

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

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.

InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Aytu Bioscience Inc Stock Today?

Aytu Bioscience Inc (AYTU) stock is trading at $6.33 as of 9:59 AM on Wednesday, Dec 16, a gain of $0.28, or 4.72% from the previous closing price of $6.04. The stock has traded between $6.27 and $6.39 so far today. Volume today is low. So far 372,436 shares have traded compared to average volume of 954,152 shares.

Click Here to get the full report on Aytu Bioscience Inc (AYTU) Stock.

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