Several other analysts have also recently issued reports on ONDK. FBR & Co. restated a buy rating and issued a $14.00 price objective on shares of On Deck Capital in a report on Wednesday. Keefe, Bruyette & Woods upgraded shares of On Deck Capital from a market perform rating to an outperform rating and set a $14.50 target price for the company in a report on Wednesday. Zacks Investment Research upgraded shares of On Deck Capital from a hold rating to a buy rating and set a $11.00 price objective for the company in a report on Wednesday, November 25th. Canaccord Genuity reaffirmed a buy rating and issued a $18.00 target price on shares of On Deck Capital in a research report on Wednesday, November 4th. Finally, BTIG Research reissued a buy rating and set a $18.00 price objective on shares of On Deck Capital in a research report on Wednesday, November 4th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of Buy and an average target price of $15.83.
Gaps ? Look at the long range chart, all the gaps made going back to the beginning of 2014 have been filed. And anything beyond that is not relevant anymore.
A gap made in 2011 absolutely is not relevant anymore.
How many people that held the stock in 2011 are still in that same position ? I'm not saying there are not still some really long term holders, but not anywhere near the amount to be significant to the stock price.
Past gaps in PACB have no more significance now.
Recent ones have all been filled, and recent ones (a year or less) are the only ones that matter.
ILMN 52 Week Hi this year was $242.37, which means the pre-split high would've been $484.74.
When ILMN stock was $1.21 they had 73 Million shares out, PACB has 77 Million shares out, and a Market Cap of 770 Million as of today, ILMN has a Market Cap of over 25 BILLION as of today, even if PACB only does as good as......1/10th of ILMN , which would put PACB Market Cap at 2.5 BILLION......about 3 1/2 times today's Market Cap/Stock Price.
Do we think PACB can do at least 1/10 th. as good as ILMN ?