What are the short-term price targets set by analysts covering IXHL?
7/30/2025 02:49pm
The short-term price targets for Incannex Healthcare Limited (IXHL) are not currently available. However, based on the latest data, analysts have provided price forecasts for the stock that can be considered short-term price targets.
1. **Stock Forecast for 2025**: Analysts predict that IXHL will reach an average price of $4.3834 in 2025, with a high prediction of $4.9768 and a low estimate of $3.79. This indicates a significant rise from the last recorded price of $1.07, showing a potential short-term price target within this year.
2. **Support and Risk Levels**: The stock finds support from accumulated volume at $1.01, which may hold a buying opportunity, and there is a potential for an upwards reaction when this support is tested. This suggests that analysts see a short-term target around this support level.
3. **Trading Expectations**: For the upcoming trading day, analysts expect IXHL to open at $1.09 and to move between $0.96 and $1.14, which gives a possible trading interval of +/- $0.175 (+/-18.13%) from the last closing price. This indicates a short-term price target range for the immediate future.
In conclusion, the short-term price targets for IXHL are not explicitly stated as average short-term price targets, but rather inferred from analyst forecasts, support and risk levels, and trading expectations. These suggest a range between $3.79 and $4.9768, with a strong support level at $1.01, and a potential for movement between $0.96 and $1.14 in the next trading day.