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What is Wall Street's Target Price for CytomX Therapeutics Inc (CTMX) Stock Wednesday?

Wednesday, November 29, 2023 01:32 PM | InvestorsObserver Analysts

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What is Wall Street's Target Price for CytomX Therapeutics Inc (CTMX) Stock Wednesday?

Wall Street is positive on CytomX Therapeutics Inc (CTMX). On average, analysts give the stock a Hold rating. The average price target is $2.408, which means analysts expect the stock to increase by 75.77% over the next twelve months. That average ranking earns the stock an Analyst Rating of 3, which is better than 3% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.7
Wall Street analysts are rating CTMX a Hold today. Find out what this means to you and get the rest of the rankings on CTMX!

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 CytomX Therapeutics Inc Stock Today?

CytomX Therapeutics Inc (CTMX) stock is trading at $1.37 as of 1:27 PM on Wednesday, Nov 29, an increase of $0.02, or 1.48% from the previous closing price of $1.35. The stock has traded between $1.35 and $1.41 so far today. Volume today is 199,295 compared to average volume of 198,021. Click Here to get the full Stock Report for CytomX Therapeutics Inc stock.

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