In the latest quarter, 5 analysts provided ratings for Xencor (NASDAQ:XNCR), showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
2
3
0
0
0
Last 30D
1
2
0
0
0
1M Ago
0
0
0
0
0
2M Ago
1
1
0
0
0
3M Ago
0
0
0
0
0
The 12-month price targets, analyzed by analysts, offer insights with an average target of $35.4, a high estimate of $40.00, and a low estimate of $31.00. A decline of 17.29% from the prior average price target is evident in the current average.
Investigating Analyst Ratings: An Elaborate Study
A clear picture of Xencor's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Sean McCutcheon
Raymond James
Lowers
Strong Buy
$40.00
$58.00
Etzer Darout
BMO Capital
Lowers
Outperform
$32.00
$34.00
Gregory Renza
RBC Capital
Lowers
Outperform
$31.00
$32.00
David Nierengarten
Wedbush
Raises
Outperform
$36.00
$34.00
Kaveri Pohlman
BTIG
Lowers
Buy
$38.00
$56.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Xencor. This insight gives a snapshot of analysts' perspectives on the current state of the ...Full story available on Benzinga.com
Benzinga