What is Wall Street's Target Price for Molecular Templates Inc (MTEM) Stock Monday?
Monday, April 18, 2022 02:06 PM | InvestorsObserver Analysts
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InvestorsObserver is giving Molecular Templates Inc (MTEM) an Analyst Rating Rank of 73, meaning MTEM is ranked higher by analysts than 73% of stocks. The average price target for MTEM is $9.5 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating MTEM a Strong Buy today. Find out what this means to you and get the rest of the rankings on MTEM!
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 Molecular Templates Inc Stock Today?
Molecular Templates Inc (MTEM) stock is down -6.32% while the S&P 500 has risen 0.29% as of 2:04 PM on Monday, Apr 18. MTEM is lower by -$0.16 from the previous closing price of $2.53 on volume of 319,692 shares. Over the past year the S&P 500 has risen 5.81% while MTEM is lower by -71.41%. MTEM lost -$1.50 per share the over the last 12 months.
Click Here to get the full Stock Report for Molecular Templates Inc stock.
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