22nd Century Group Inc (XXII) Price Target Raised to $11.50

22nd Century Group Inc (AMEX:XXII) had its price objective increased by investment analysts at Chardan Capital from $3.50 to $11.50 in a research report issued to clients and investors on Monday, October 16th, Marketbeat.com reports. The brokerage presently has a “buy” rating on the stock. Chardan Capital’s price objective suggests a potential upside of 352.76% from the company’s previous close.

22nd Century Group (XXII) opened at 2.54 on Monday. The stock’s market cap is $261.01 million. 22nd Century Group has a one year low of $0.81 and a one year high of $3.50. The firm has a 50-day moving average price of $2.80 and a 200-day moving average price of $1.98.

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About 22nd Century Group

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