Will shares of Roivant Sciences Ltd (ROIV) lead the market?

Analysts who follow Roivant Sciences Ltd (ROIV) on average expect it to add 227.10% over the next twelve months. These same analysts give the stock an average strong buy rating. This average rating gives Roivant Sciences Ltd an analyst rating of 73, meaning it ranks above 73 in the stock, based on data compiled by InvestorsObserver.

Wall Street analysts rate ROIV as a strong buy today. Find out what this means for you and get the rest of the ranking on ROIV!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making stock market investment decisions. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s bottom line. This information allows investors to make decisions ahead of the curve.

InvestorsObserver combines the ratings of these analysts and ranks them into percentiles. This gives you the ability to compare stocks in a comprehensive fashion as opposed to a standard buy/hold/sell valuation.

What’s going on with Roivant Sciences Ltd shares today?

Roivant Sciences Ltd (ROIV) stock is trading at $4.28 at 3:23 p.m. Thursday, April 7, a gain of $0.13, or 3.13% from the previous closing price of 4.15 $. The stock has traded between $4.05 and $4.36 so far today. Volume today is less active than usual. So far, 303,062 shares have been traded against an average volume of 475,368 shares. Click here for the full share report of Roivant Sciences Ltd.

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