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The Latest Analyst Ratings for Zai Lab

Benzinga ·  Oct 17, 2023 15:00

Zai Lab (NASDAQ:ZLAB) has observed the following analyst ratings within the last quarter:

BullishSomewhat BullishIndifferentSomewhat BearishBearish
Total Ratings04000
Last 30D01000
1M Ago02000
2M Ago00000
3M Ago01000

These 4 analysts have an average price target of $68.5 versus the current price of Zai Lab at $24.63, implying upside.

Below is a summary of how these 4 analysts rated Zai Lab 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 2.24% over the past month.

Stay up to date on Zai Lab analyst ratings.

Analyst Ratings: What Are They?

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 publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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