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Editas Medicine Inc has a consensus price target of $14.05 based on the ratings of 22 analysts. The high is $36 issued by Wells Fargo on January 4, 2023. The low is $7 issued by Barclays on August 8, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Jones Trading, and Barclays on September 19, 2024, September 17, 2024, and August 8, 2024, respectively. With an average price target of $9.33 between RBC Capital, Jones Trading, and Barclays, there's an implied 194.75% upside for Editas Medicine Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Editas Medicine (NASDAQ:EDIT) was reported by RBC Capital on September 19, 2024. The analyst firm set a price target for $8.00 expecting EDIT to rise to within 12 months (a possible 152.64% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Editas Medicine (NASDAQ:EDIT) was provided by RBC Capital, and Editas Medicine reiterated their sector perform rating.
The last upgrade for Editas Medicine Inc happened on August 8, 2024 when B of A Securities raised their price target to $15. B of A Securities previously had a neutral for Editas Medicine Inc.
The last downgrade for Editas Medicine Inc happened on October 17, 2023 when Cantor Fitzgerald changed their price target from N/A to N/A for Editas Medicine Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Editas Medicine, 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 Editas Medicine was filed on September 19, 2024 so you should expect the next rating to be made available sometime around September 19, 2025.
While ratings are subjective and will change, the latest Editas Medicine (EDIT) rating was a reiterated with a price target of $8.00 to $8.00. The current price Editas Medicine (EDIT) is trading at is $3.17, which is out of the analyst’s predicted range.
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