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What is Wall Street's Target Price for GlycoMimetics Inc (GLYC) Stock Thursday?

Thursday, November 18, 2021 11:28 AM | InvestorsObserver Analysts
What is Wall Street's Target Price for GlycoMimetics Inc (GLYC) Stock Thursday?

Wall Street is positive on GlycoMimetics Inc (GLYC). On average, analysts give the stock a Strong Buy rating. The average price target is $11, which means analysts expect the stock to add by 482.01% over the next twelve months. That average ranking earns the stock an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

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

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With GlycoMimetics Inc Stock Today?

GlycoMimetics Inc (GLYC) stock is trading at $1.89 as of 11:19 AM on Thursday, Nov 18, a loss of -$0.05, or -2.58% from the previous closing price of $1.94. The stock has traded between $1.86 and $1.92 so far today. Volume today is light. So far 138,074 shares have traded compared to average volume of 407,745 shares. Click Here to get the full Stock Report for GlycoMimetics Inc stock.

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