Summit Therapeutics Inc has a consensus price target of $8, established from looking at the 1 latest analyst ratings. The last 1 analyst ratings were released from Stifel on March 26, 2024. With an average price target of $8 between Stifel, there's an implied 107.25% upside for Summit Therapeutics Inc from these 1 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/26/2024 | SMMT | Buy Now | Summit Therapeutics | $3.86 | 107.25% | Stifel | Bradley Canino | → $8 | Initiates | → Buy | Get Alert |
The latest price target for Summit Therapeutics (NASDAQ: SMMT) was reported by Stifel on March 26, 2024. The analyst firm set a price target for $8.00 expecting SMMT to rise to within 12 months (a possible 107.25% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Summit Therapeutics (NASDAQ: SMMT) was provided by Stifel, and Summit Therapeutics initiated their buy rating.
There is no last upgrade for Summit Therapeutics.
There is no last downgrade for Summit Therapeutics.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Summit 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 Summit Therapeutics was filed on March 26, 2024 so you should expect the next rating to be made available sometime around March 26, 2025.
While ratings are subjective and will change, the latest Summit Therapeutics (SMMT) rating was a initiated with a price target of $0.00 to $8.00. The current price Summit Therapeutics (SMMT) is trading at is $3.86, which is within the analyst’s predicted range.
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