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Galecto Analyst Ratings

GLTONASDAQ
Logo brought to you by Benzinga Data
$3.59
-0.06-1.73%
At close: -
$3.87
0.287.90%
After Hours: Jul 18, 9:00 AM EDT
Consensus Rating1
Outperform
Highest Price Target1
$16.00
Lowest Price Target1
$2.00
Consensus Price Target1
$8.50

Galecto Analyst Ratings and Price Targets | NASDAQ:GLTO | Benzinga

Galecto Inc has a consensus price target of $8.5 based on the ratings of 5 analysts. The high is $16 issued by Cantor Fitzgerald on March 17, 2023. The low is $2 issued by SVB Leerink on August 15, 2023. The 3 most-recent analyst ratings were released by Oppenheimer, Oppenheimer, and HC Wainwright & Co. on October 17, 2024, June 10, 2024, and August 21, 2023, respectively. With an average price target of $7 between Oppenheimer, Oppenheimer, and HC Wainwright & Co., there's an implied 95.17% upside for Galecto Inc from these most-recent analyst ratings.

Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Oppenheimer
SVB Leerink
Cantor Fitzgerald
Credit Suisse

1calculated from analyst ratings

Analyst Ratings for Galecto

Buy Now
Get Alert
10/17/2024
178.81%
Oppenheimer
$9 → $10
Maintains
Outperform
06/10/2024
150.93%
Oppenheimer
$10 → $9
Maintains
Outperform
09/28/2023
HC Wainwright & Co.
Downgrade
Buy → Neutral
08/21/2023
-44.24%
HC Wainwright & Co.
$12 → $2
Maintains
Buy
08/15/2023
-44.24%
SVB Leerink
$13 → $2
Downgrade
Outperform → Market Perform
08/01/2023
234.57%
Oppenheimer
→ $12
Reiterates
Outperform → Outperform
08/01/2023
234.57%
HC Wainwright & Co.
→ $12
Reiterates
Buy → Buy
06/20/2023
234.57%
Oppenheimer
→ $12
Initiates
→ Outperform
05/24/2023
234.57%
HC Wainwright & Co.
→ $12
Reiterates
Buy → Buy
05/15/2023
234.57%
HC Wainwright & Co.
→ $12
Initiates
→ Buy
03/17/2023
346.09%
Cantor Fitzgerald
→ $16
Initiates
→ Overweight
03/10/2023
67.28%
Credit Suisse
→ $6
Reiterates
→ Outperform
08/03/2022
262.45%
SVB Leerink
$16 → $13
Maintains
Outperform

FAQ

Q

What is the target price for Galecto (GLTO) stock?

A

The latest price target for Galecto (NASDAQ:GLTO) was reported by Oppenheimer on October 17, 2024. The analyst firm set a price target for $10.00 expecting GLTO to rise to within 12 months (a possible 158.40% upside). 1 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Galecto (GLTO)?

A

The latest analyst rating for Galecto (NASDAQ:GLTO) was provided by Oppenheimer, and Galecto maintained their outperform rating.

Q

When was the last upgrade for Galecto (GLTO)?

A

There is no last upgrade for Galecto

Q

When was the last downgrade for Galecto (GLTO)?

A

The last downgrade for Galecto Inc happened on September 28, 2023 when HC Wainwright & Co. changed their price target from N/A to N/A for Galecto Inc.

Q

When is the next analyst rating going to be posted or updated for Galecto (GLTO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Galecto, 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 Galecto was filed on October 17, 2024 so you should expect the next rating to be made available sometime around October 17, 2025.

Q

Is the Analyst Rating Galecto (GLTO) correct?

A

While ratings are subjective and will change, the latest Galecto (GLTO) rating was a maintained with a price target of $9.00 to $10.00. The current price Galecto (GLTO) is trading at is $3.87, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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