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Arbutus Biopharma Corp has a consensus price target of $6 based on the ratings of 5 analysts. The high is $9 issued by JMP Securities on November 8, 2021. The low is $4 issued by Chardan Capital on June 5, 2024. The 3 most-recent analyst ratings were released by Jefferies, JMP Securities, and HC Wainwright & Co. on September 5, 2024, August 2, 2024, and June 7, 2024, respectively. With an average price target of $5.67 between Jefferies, JMP Securities, and HC Wainwright & Co., there's an implied 50.40% upside for Arbutus Biopharma Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Arbutus Biopharma (NASDAQ:ABUS) was reported by Jefferies on September 5, 2024. The analyst firm set a price target for $7.00 expecting ABUS to rise to within 12 months (a possible 85.78% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Arbutus Biopharma (NASDAQ:ABUS) was provided by Jefferies, and Arbutus Biopharma maintained their buy rating.
The last upgrade for Arbutus Biopharma Corp happened on February 2, 2022 when Jefferies raised their price target to $5. Jefferies previously had a hold for Arbutus Biopharma Corp.
There is no last downgrade for Arbutus Biopharma.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arbutus Biopharma, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Arbutus Biopharma was filed on September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.
While ratings are subjective and will change, the latest Arbutus Biopharma (ABUS) rating was a maintained with a price target of $5.00 to $7.00. The current price Arbutus Biopharma (ABUS) is trading at is $3.77, which is out of the analyst’s predicted range.
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