Wall Street is positive on Cybin Inc (CYBN). On average, analysts give Cybin Inc a Strong Buy rating. The average price target is $7.72, which means analysts expect the stock to climb by 343.68% over the next twelve months.
That average ranking earns Cybin Inc an Analyst Rating of 72, which is better than 72% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating CYBN a Strong Buy today. Find out what this means to you and get the rest of the rankings on CYBN!
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 Cybin Inc Stock Today?
Cybin Inc (CYBN) stock is trading at $1.74 as of 2:34 PM on Tuesday, Nov 16, a loss of -$0.05, or -2.79% from the previous closing price of $1.79. The stock has traded between $1.73 and $1.83 so far today. Volume today is less active than usual. So far 955,382 shares have traded compared to average volume of 2,116,934 shares.
Click Here to get the full Stock Report for Cybin Inc stock.
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