Where ShockWave Medical Stands With Analysts

Analysts have provided the following ratings for ShockWave Medical SWAV within the last quarter:

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 1 3 1 0
Last 30D 0 0 1 0 0
1M Ago 3 1 2 1 0
2M Ago 2 0 0 0 0
3M Ago 1 0 0 0 0

According to 11 analyst offering 12-month price targets in the last 3 months, ShockWave Medical has an average price target of $279.73 with a high of $325.00 and a low of $165.00.

Below is a summary of how these 11 analysts rated ShockWave Medical over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

price target chart

This average price target has increased by 9.11% over the past month.

Stay up to date on ShockWave Medical analyst ratings.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!