Wall Street Zen upgraded shares of Pasqal (NASDAQ:PSQL – Free Report) to a sell rating in a research note released on Saturday,Wall Street Zen reports.
A number of other equities analysts also recently commented on the company. Williams Trading set a $16.00 price objective on Pasqal in a report on Wednesday, September 30th. Needham & Company LLC started coverage on Pasqal in a research report on Wednesday, September 30th. They set a “buy” rating and a $16.00 price target on the stock. Zacks Research raised shares of Pasqal to a “hold” rating in a research report on Thursday, September 24th. Cantor Fitzgerald assumed coverage on Pasqal in a research note on Friday. They issued an “overweight” rating and a $12.00 price target on the stock. Finally, Roth Capital initiated coverage on Pasqal in a research note on Wednesday, September 9th. They set a “buy” rating and a $20.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Pasqal has a consensus rating of “Buy” and an average target price of $16.00.
Get Our Latest Analysis on Pasqal
Pasqal Stock Performance
Shares of PSQL opened at $5.23 on Friday. Pasqal has a 1 year low of $5.04 and a 1 year high of $24.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.04 and a current ratio of 2.22.
Pasqal Company Profile
Pasqal is a quantum computing company headquartered in France that develops neutral-atom quantum processors and related software. Its systems use individually controlled atoms as qubits, with the aim of addressing complex computational problems that are difficult to solve with conventional computers.
The company provides access to its quantum computing technology through cloud-based platforms and works with customers and research organizations on applications including optimization, molecular and materials simulation, energy, logistics, finance, and machine learning.
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