In a report released today, Scott Buck from H.C. Wainwright maintained a Buy rating on Arqit Quantum (ARQQ – Research Report), with a price target of $14.00. The company’s shares closed yesterday at $4.38.
According to TipRanks, Buck is an analyst with an average return of -14.7% and a 31.15% success rate. Buck covers the Technology sector, focusing on stocks such as Lightpath Technologies, NexTech AR Solutions, and Intellicheck Mobilisia.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arqit Quantum with a $14.00 average price target.
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The company has a one-year high of $26.64 and a one-year low of $3.80. Currently, Arqit Quantum has an average volume of 504.8K.
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