Shares of Avadel Pharmaceuticals PLC (AVDL, Financial) surged 3.00% in mid-day trading on Nov 22. The stock reached an intraday high of $12.22, before settling at $12.01, up from its previous close of $11.66. This places AVDL 37.09% below its 52-week high of $19.09 and 15.37% above its 52-week low of $10.41. Trading volume was 481,989 shares, 41.7% of the average daily volume of 1,156,222.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for Avadel Pharmaceuticals PLC (AVDL, Financial) is $23.60 with a high estimate of $30.00 and a low estimate of $20.00. The average target implies an upside of 96.50% from the current price of $12.01. More detailed estimate data can be found on the Avadel Pharmaceuticals PLC (AVDL) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Avadel Pharmaceuticals PLC's (AVDL, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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