IPO SmileDirectClub

Transparent mouthguards and braces manufacturer SmileDirectClub has had worst IPO since 2007 of the year. Shares placed 11 September to $23 and fell on 36%. But analysts are not discouraged. Yesterday ended the "quiet period" and analysts of investment banks had the opportunity to express their opinion about the company and make a recommendation on the paper. 10 from 10 Analysts, started to cover the company's shares, rated “buy”. Average target price $22.