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Akero Therapeutics

AKRONASDAQ
Logo brought to you by Benzinga Data
$27.94
-0.11-0.39%
Last update: 12:52 PM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$56.00
Lowest Price Target1
$30.00
Consensus Price Target1
$41.25

Akero Therapeutics (NASDAQ:AKRO) Stock, Analyst Ratings, Price Targets, Forecasts

Akero Therapeutics Inc has a consensus price target of $41.25 based on the ratings of 10 analysts. The high is $56 issued by Canaccord Genuity on May 13, 2024. The low is $30 issued by B of A Securities on April 22, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on September 17, 2024, August 12, 2024, and June 11, 2024, respectively. With an average price target of $50 between HC Wainwright & Co., there's an implied 78.95% upside for Akero Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
May
3
Jun
0
0
0
0
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
Evercore ISI Group
Canaccord Genuity
B of A Securities
UBS

1calculated from analyst ratings

Analyst Ratings for Akero Therapeutics

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FAQ

Q

What is the target price for Akero Therapeutics (AKRO) stock?

A

The latest price target for Akero Therapeutics (NASDAQ:AKRO) was reported by HC Wainwright & Co. on September 17, 2024. The analyst firm set a price target for $50.00 expecting AKRO to rise to within 12 months (a possible 78.95% upside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Akero Therapeutics (AKRO)?

A

The latest analyst rating for Akero Therapeutics (NASDAQ:AKRO) was provided by HC Wainwright & Co., and Akero Therapeutics reiterated their buy rating.

Q

When was the last upgrade for Akero Therapeutics (AKRO)?

A

The last upgrade for Akero Therapeutics Inc happened on January 27, 2023 when Morgan Stanley raised their price target to $65. Morgan Stanley previously had an equal-weight for Akero Therapeutics Inc.

Q

When was the last downgrade for Akero Therapeutics (AKRO)?

A

The last downgrade for Akero Therapeutics Inc happened on October 19, 2021 when Morgan Stanley changed their price target from N/A to $27 for Akero Therapeutics Inc.

Q

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

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Akero 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 Akero 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 Akero Therapeutics (AKRO) correct?

A

While ratings are subjective and will change, the latest Akero Therapeutics (AKRO) rating was a reiterated with a price target of $50.00 to $50.00. The current price Akero Therapeutics (AKRO) is trading at is $27.94, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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