Wall Street analysts are maintaining Buy rating on Medivation, Inc. (NASDAQ:MDVN) company shares. The one year target on the name currently stands at $47.65. The stock recently touched $39.22 and has moved in the range of $36.59 - 39.23 during the current session. Based on a recent bid this places the stock +48.50% away from the 52-week floor of $26.41 and -42.55% away from the 52-week ceiling of $68.26.
When stocks are given “Buy” ratings by analysts, the reasons or criteria for that recommendation can greatly vary. Typically when a stock is given this label, analysts are expecting that the stock will outperform their peers, their sector or the market over a 6 to 12 month time frame. Several factors might include near-term catalysts, future earnings growth. Many analysts only give a Buy recommendation when they expect that the stock will yield a return of at least 5-10% over the course of a year. Since analyst criteria and recommendation terminology can differ, we can look at consensus numbers to get a feel of overall analyst sentiment.
Isle of Capri Casinos, Inc. (NASDAQ:ISLE) has been given a consensus Buy rating by analysts on Wall Street. According to Thomson Reuters' First Call, research brokers have a one year price target of $17.75 on the stock. The stock is currently trading -17.59% away from its 200-day moving average of $15.52. Based on a recent trade, shares of Isle of Capri Casinos, Inc. are -40.32% away from the 52-week high of $21.43 and +20.43% away from the 52-week low of $10.62.
Analysts are estimating that the company will report earnings of $1.24 for the current year and $0.25 for next quarter. The stock closed the most recent trading session at $12.23.
Shares of Pixelworks, Inc. (NASDAQ:PXLW) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $3.25 price target and Buy rating according to the covering analysts. During today’s session the stock hit $2.30 or -6.12% from the previous close, while moving in the range of $2.26 - 2.49.
Shares of AMAYA INC (NASDAQ:AYA) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $N/A price target according to the covering analysts. During today’s session the stock hit $14.33 or -1.54% from the previous close, while moving in the range of $13.89 - 14.22. This puts the stock -55.12% away from the 52-week high of $31.44 and +45.92% away from the 52-week low of $9.67.
Exact definitions of a “Buy” rating can greatly vary depending on the equity research firm. The consensus rating simply provides an average of those recommendations. It's important to note that a “Buy” rating does not mean that every investor should acquire the stock. It is just a single factor among many that should be considered before making an investment decision.
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