Quantum Computing Inc. (NASDAQ:QUBT) Receives Average Recommendation of "Hold" from Analysts

Shares of Quantum Computing Inc. (NASDAQ:QUBT - Get Free Report) have been assigned an average recommendation of "Hold" from the seven research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $18.6667.

QUBT has been the topic of several research analyst reports. Lake Street Capital reiterated a "buy" rating on shares of Quantum Computing in a research note on Monday, July 6th. Wall Street Zen lowered shares of Quantum Computing from a "sell" rating to a "strong sell" rating in a report on Saturday, August 15th. Rosenblatt Securities reissued a "buy" rating and issued a $22.00 price objective on shares of Quantum Computing in a report on Monday, June 29th. Ascendiant Capital Markets boosted their price target on Quantum Computing from $30.00 to $32.00 and gave the company a "buy" rating in a report on Wednesday, August 26th. Finally, Wedbush initiated coverage on shares of Quantum Computing in a research note on Monday, August 3rd. They issued a "neutral" rating and a $12.00 target price for the company.