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PTC Therapeutics

PTCTNASDAQ
Logo brought to you by Benzinga Data
$35.48
0.411.17%
At Close: -
$35.48
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Equal-Weight
Highest Price Target1
$64.00
Lowest Price Target1
$17.00
Consensus Price Target1
$39.16

PTC Therapeutics (NASDAQ:PTCT) Stock, Analyst Ratings, Price Targets, Forecasts

PTC Therapeutics Inc has a consensus price target of $39.16 based on the ratings of 20 analysts. The high is $64 issued by Cantor Fitzgerald on September 17, 2024. The low is $17 issued by Citigroup on October 27, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Baird, and UBS on September 17, 2024, September 4, 2024, and August 26, 2024, respectively. With an average price target of $51.67 between Cantor Fitzgerald, Baird, and UBS, there's an implied 45.62% upside for PTC Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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3
May
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1
Jun
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1
Jul
2
1
Aug
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Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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2.0
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Baird
UBS
Barclays
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for PTC Therapeutics

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FAQ

Q

What is the target price for PTC Therapeutics (PTCT) stock?

A

The latest price target for PTC Therapeutics (NASDAQ:PTCT) was reported by Cantor Fitzgerald on September 17, 2024. The analyst firm set a price target for $64.00 expecting PTCT to rise to within 12 months (a possible 80.38% upside). 35 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for PTC Therapeutics (PTCT)?

A

The latest analyst rating for PTC Therapeutics (NASDAQ:PTCT) was provided by Cantor Fitzgerald, and PTC Therapeutics reiterated their overweight rating.

Q

When was the last upgrade for PTC Therapeutics (PTCT)?

A

The last upgrade for PTC Therapeutics Inc happened on August 26, 2024 when UBS raised their price target to $47. UBS previously had a neutral for PTC Therapeutics Inc.

Q

When was the last downgrade for PTC Therapeutics (PTCT)?

A

The last downgrade for PTC Therapeutics Inc happened on December 19, 2023 when Morgan Stanley changed their price target from N/A to $28 for PTC Therapeutics Inc.

Q

When is the next analyst rating going to be posted or updated for PTC Therapeutics (PTCT)?

A

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

Q

Is the Analyst Rating PTC Therapeutics (PTCT) correct?

A

While ratings are subjective and will change, the latest PTC Therapeutics (PTCT) rating was a reiterated with a price target of $64.00 to $64.00. The current price PTC Therapeutics (PTCT) is trading at is $35.48, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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