Wall Street is positive on Can Fite Biopharma ADR representing 300 Ord Shs (CANF). On average, analysts give the stock a buy rating. The average price target is $50, which means analysts expect the stock to rise 1084.83% over the next twelve months. This average ranking gives the stock an analyst rating of 36, which is better than 36% of stocks based on data compiled by InvestorsObserver.

Overall rating - 4
Wall Street analysts rate CANF as a buy today. Find out what this means to you and get the rest of the rankings on CANF!

Why are analyst ratings important?

Analysts know better than anyone the inner workings of the companies they follow, with the exception of the management of the companies. You can tell a lot about a company by studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in any part of the world can disrupt supply chains or disrupt shopping habits. This allows traders to make decisions before a quarterly report that could be worse than expected.

InvestorsObserver aggregates the ratings of all analysts covering a given security, takes the average of these ratings, and then ranks the averages into percentiles. This provides a much better level of granularity than the three levels provided by traditional buy/hold/sell notations.

What is happening with Can Fite Biopharma ADR representing 300 Shs Ord shares today?

Can Fite Biopharma ADR stock representing 300 Ord Shs (CANF) is trading at $4.22 at 12:09 p.m. on Wednesday, January 25, down -$0.39, or -8.57% from the price previous close of $4.61. The stock has traded between $4.20 and $4.60 so far today. The volume today is light. So far, 65,629 shares have been traded with an average volume of 177,716 shares. Click here to get the full stock report for Can Fite Biopharma ADR representing 300 Ord Shs stock.

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