Wall Street analysts are maintaining Buy rating on Mondelez International, Inc. (NASDAQ:MDLZ) company shares. The one year target on the name currently stands at $45.18. The stock recently touched $39.25 and has moved in the range of $39.25 - 39.70 during the current session. Based on a recent bid this places the stock +12.92% away from the 52-week floor of $34.76 and -19.21% away from the 52-week ceiling of $48.58.
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.
Fluidigm Corporation (NASDAQ:FLDM) 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 $13.58 on the stock. The stock is currently trading -17.79% away from its 200-day moving average of $8.82. Based on a recent trade, shares of Fluidigm Corporation are -84.11% away from the 52-week high of $45.64 and +49.79% away from the 52-week low of $4.84.
Analysts are estimating that the company will report earnings of $-1.92 for the current year and $-0.49 for next quarter. The stock closed the most recent trading session at $7.47.
Shares of Prothena Corporation plc (NASDAQ:PRTA) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $73.57 price target and Buy rating according to the covering analysts. During today’s session the stock hit $41.24 or +2.31% from the previous close, while moving in the range of $39.34 - 41.53.
Shares of eGain Corporation (NASDAQ:EGAN) continue to be viewed favorably by equities brokerage firms on Wall Street. The First Call consensus which is calculated by Thomson Reuters has a $5.38 price target according to the covering analysts. During today’s session the stock hit $3.81 or +0.00% from the previous close, while moving in the range of $N/A. This puts the stock -27.01% away from the 52-week high of $5.22 and +36.56% away from the 52-week low of $2.79.
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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