Amneal Pharmaceuticals Inc has a consensus price target of $8 based on the ratings of 7 analysts. The high is $10 issued by Barclays on August 13, 2024. The low is $4 issued by BMO Capital on March 3, 2023. The 3 most-recent analyst ratings were released by JP Morgan, Barclays, and Truist Securities on September 6, 2024, August 13, 2024, and August 12, 2024, respectively. With an average price target of $9.67 between JP Morgan, Barclays, and Truist Securities, there's an implied 8.74% upside for Amneal Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amneal Pharmaceuticals (NASDAQ:AMRX) was reported by JP Morgan on September 6, 2024. The analyst firm set a price target for $9.00 expecting AMRX to rise to within 12 months (a possible 1.24% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Amneal Pharmaceuticals (NASDAQ:AMRX) was provided by JP Morgan, and Amneal Pharmaceuticals upgraded their neutral rating.
The last upgrade for Amneal Pharmaceuticals Inc happened on September 6, 2024 when JP Morgan raised their price target to $9. JP Morgan previously had an underweight for Amneal Pharmaceuticals Inc.
There is no last downgrade for Amneal Pharmaceuticals.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amneal Pharmaceuticals, 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 Amneal Pharmaceuticals was filed on September 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.
While ratings are subjective and will change, the latest Amneal Pharmaceuticals (AMRX) rating was a upgraded with a price target of $0.00 to $9.00. The current price Amneal Pharmaceuticals (AMRX) is trading at is $8.89, which is within the analyst’s predicted range.
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