Quantum Computing Inc. (NASDAQ:QUBT) Receives Consensus Rating of "Hold" from Brokerages

Quantum Computing Inc. (NASDAQ:QUBT - Get Free Report) has received a consensus rating of "Hold" from the seven brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $18.3333.

A number of research firms have commented on QUBT. Ascendiant Capital Markets boosted their price objective on Quantum Computing from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Monday, June 15th. Wall Street Zen lowered Quantum Computing from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 15th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $10.00 price target on shares of Quantum Computing in a report on Tuesday, August 11th. Lake Street Capital reiterated a "buy" rating on shares of Quantum Computing in a research report on Monday, July 6th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $22.00 price target on shares of Quantum Computing in a research report on Monday, June 29th.