Analysts Set 1-Year Price Target Of $3.5 On Uni-Pixel, Inc. (NASDAQ:UNXL) Stock
posted on
May 24, 2016 11:47AM
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Sell-side analysts reveal their outlook on Uni-Pixel, Inc. (NASDAQ:UNXL) stock. As of 2016-05-23, the stock has ABR of 2. This methodology prompts shareholders to invest in stock if it has a rating of 1. The ABR was known considering the price estimates of 2 brokerages.
Zacks has advanced Average Brokerage recommendations, which is not an “out-and-out” indication to sell or purchase a share. It is a hint of how the market views the firm’s performance compared to industry performance.
Research groups have a self-designed procedure of stock rating. Therefore, it becomes an arduous process for investors to interpret calls and take an investment decision. Some research houses have “buy” as their strongest call while others keep “buy” call after “strong buy” rating. There are numerous terms used by different entities for releasing stock calls. Zacks group lists all these ratings and takes out average to get a score for a stock. This Zacks computed score can be in decimals, and hence, it varies considerably from Zacks rank given in whole numbers.
It should be known that the ABR is set in between 1-5, and hence, it should not be confused with the Zacks Rank. The scoring process is a quantitative procedure that helps the investor to know the power of EPS estimates revision. This process is deployed unvaryingly across the market for which analysts release earnings targets for the stocks.
The 1-year price target of Uni-Pixel, Inc. (NASDAQ:UNXL) stock is $3.5 while the median target is $3.5. The highest estimate is $4.5 and the lowest forecast is $2.5. The standard deviation of announced estimates is 1.414%.