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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.
1calculated from analyst ratings
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.
The latest analyst rating for Akero Therapeutics (NASDAQ:AKRO) was provided by HC Wainwright & Co., and Akero Therapeutics reiterated their buy rating.
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.
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.
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.
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.
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