Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
89bio Inc has a consensus price target of $29.6 based on the ratings of 11 analysts. The high is $53 issued by Raymond James on August 6, 2024. The low is $12 issued by RBC Capital on August 6, 2024. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Raymond James, and RBC Capital on September 20, 2024, August 6, 2024, and August 6, 2024, respectively. With an average price target of $31.33 between Cantor Fitzgerald, Raymond James, and RBC Capital, there's an implied 282.58% upside for 89bio Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for 89bio (NASDAQ:ETNB) was reported by Cantor Fitzgerald on September 20, 2024. The analyst firm set a price target for $29.00 expecting ETNB to rise to within 12 months (a possible 254.09% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for 89bio (NASDAQ:ETNB) was provided by Cantor Fitzgerald, and 89bio reiterated their overweight rating.
The last upgrade for 89bio Inc happened on May 12, 2022 when Raymond James raised their price target to $12. Raymond James previously had an outperform for 89bio Inc.
The last downgrade for 89bio Inc happened on January 12, 2024 when RBC Capital changed their price target from N/A to $15 for 89bio Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of 89bio, 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 89bio was filed on September 20, 2024 so you should expect the next rating to be made available sometime around September 20, 2025.
While ratings are subjective and will change, the latest 89bio (ETNB) rating was a reiterated with a price target of $29.00 to $29.00. The current price 89bio (ETNB) is trading at is $8.19, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.