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Mereo BioPharma Group PLC has a consensus price target of $7.25 based on the ratings of 8 analysts. The high is $10 issued by LifeSci Capital on December 24, 2024. The low is $4 issued by SVB Leerink on November 10, 2022. The 3 most-recent analyst ratings were released by Needham, Needham, and JP Morgan on May 13, 2025, April 9, 2025, and March 27, 2025, respectively. With an average price target of $7 between Needham, Needham, and JP Morgan, there's an implied 151.34% upside for Mereo BioPharma Group PLC from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/13/2025 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
04/09/2025 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
03/27/2025 | Buy Now | 151.34% | JP Morgan | Priyanka Grover51% | → $7 | Initiates | → Overweight | Get Alert |
03/26/2025 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
03/18/2025 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
01/13/2025 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
12/24/2024 | Buy Now | 259.05% | LifeSci Capital | Cory Jubinville50% | → $10 | Initiates | → Outperform | Get Alert |
12/17/2024 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
12/06/2024 | Buy Now | 151.34% | Jefferies | Maury Raycroft33% | → $7 | Initiates | → Buy | Get Alert |
11/12/2024 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
10/01/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
09/16/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
08/13/2024 | Buy Now | 151.34% | Needham | Gil Blum52% | $7 → $7 | Reiterates | Buy → Buy | Get Alert |
07/22/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
06/20/2024 | Buy Now | 187.24% | Leerink Partners | Joseph Schwartz64% | $6 → $8 | Maintains | Outperform | Get Alert |
06/13/2024 | Buy Now | 187.24% | Baird | Jack Allen 43% | → $8 | Initiates | → Outperform | Get Alert |
06/12/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
06/12/2024 | Buy Now | 151.34% | Needham | Gil Blum52% | $6 → $7 | Maintains | Buy | Get Alert |
05/16/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
05/16/2024 | Buy Now | 115.43% | Needham | Gil Blum52% | $6 → $6 | Reiterates | Buy → Buy | Get Alert |
04/10/2024 | Buy Now | 115.43% | Needham | Gil Blum52% | $6 → $6 | Reiterates | Buy → Buy | Get Alert |
03/28/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
03/28/2024 | Buy Now | 115.43% | Needham | Gil Blum52% | $5 → $6 | Maintains | Buy | Get Alert |
03/22/2024 | Buy Now | 151.34% | Cantor Fitzgerald | Kristen Kluska71% | $7 → $7 | Reiterates | Overweight → Overweight | Get Alert |
09/08/2023 | Buy Now | 43.62% | Cantor Fitzgerald | Kristen Kluska71% | → $4 | Reiterates | Overweight → Overweight | Get Alert |
09/08/2023 | Buy Now | 79.53% | Needham | Gil Blum52% | → $5 | Reiterates | Buy → Buy | Get Alert |
08/23/2023 | Buy Now | 79.53% | Needham | Gil Blum52% | → $5 | Reiterates | Buy → Buy | Get Alert |
06/06/2023 | Buy Now | 79.53% | Needham | Gil Blum52% | → $5 | Reiterates | Buy → Buy | Get Alert |
05/26/2023 | Buy Now | 79.53% | Needham | Gil Blum52% | → $5 | Reiterates | Buy → Buy | Get Alert |
04/21/2023 | Buy Now | 79.53% | Needham | Gil Blum52% | → $5 | Reiterates | → Buy | Get Alert |
03/30/2023 | Buy Now | 79.53% | Needham | Gil Blum52% | → $5 | Reiterates | → Buy | Get Alert |
11/10/2022 | Buy Now | 43.62% | SVB Leerink | Joseph Schwartz64% | $8 → $4 | Maintains | Outperform | Get Alert |
08/12/2022 | Buy Now | 43.62% | Cantor Fitzgerald | Kristen Kluska71% | → $4 | Initiates | → Overweight | Get Alert |
The latest price target for Mereo BioPharma Group (NASDAQ:MREO) was reported by Needham on May 13, 2025. The analyst firm set a price target for $7.00 expecting MREO to rise to within 12 months (a possible 151.34% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Mereo BioPharma Group (NASDAQ:MREO) was provided by Needham, and Mereo BioPharma Group reiterated their buy rating.
There is no last upgrade for Mereo BioPharma Group
There is no last downgrade for Mereo BioPharma Group.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Mereo BioPharma Group, 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 Mereo BioPharma Group was filed on May 13, 2025 so you should expect the next rating to be made available sometime around May 13, 2026.
While ratings are subjective and will change, the latest Mereo BioPharma Group (MREO) rating was a reiterated with a price target of $7.00 to $7.00. The current price Mereo BioPharma Group (MREO) is trading at is $2.79, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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