Rigel Pharmaceuticals
(NASDAQ:RIGL)
$1.08
-0.03[-2.70%]
At close: Apr 18
$1.08
0[0.00%]
After Hours: 7:54PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$15.00
Lowest Price Target1
$1.25
Consensus Price Target1
$4.32

Rigel Pharmaceuticals Stock (NASDAQ:RIGL), Analyst Ratings, Price Targets, Predictions

Rigel Pharmaceuticals Inc has a consensus price target of $4.32, established from looking at the 22 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Cantor Fitzgerald, and HC Wainwright & Co. on March 7, 2024, March 6, 2024, and March 6, 2024. With an average price target of $7.33 between Citigroup, Cantor Fitzgerald, and HC Wainwright & Co., there's an implied 579.01% upside for Rigel Pharmaceuticals Inc from these 3 analyst ratings.

Analyst Trend
1
Dec 23
1
Jan
1
Feb
2
2
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
Cantor Fitzgerald
HC Wainwright & Co.
B. Riley Securities
Piper Sandler

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Rigel Pharmaceuticals

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/07/2024RIGLBuy Now
Rigel Pharmaceuticals
$1.08270.37%Citigroup
Yigal Nochomovitz
$3 → $4MaintainsBuyGet Alert
03/06/2024RIGLBuy Now
Rigel Pharmaceuticals
$1.08177.78%Cantor Fitzgerald
Kristen Kluska
$2 → $3MaintainsNeutralGet Alert
03/06/2024RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15ReiteratesBuy → BuyGet Alert
03/06/2024RIGLBuy Now
Rigel Pharmaceuticals
$1.0815.74%B. Riley Securities
Kalpit Patel
$1.25 → $1.25MaintainsNeutralGet Alert
02/22/2024RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15ReiteratesBuy → BuyGet Alert
01/04/2024RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15ReiteratesBuy → BuyGet Alert
12/08/2023RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15ReiteratesBuy → BuyGet Alert
08/02/2023RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15ReiteratesBuy → BuyGet Alert
05/03/2023RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15Reiterates → BuyGet Alert
04/03/2023RIGLBuy Now
Rigel Pharmaceuticals
$1.0885.19%Piper Sandler
Allison Bratzel
→ $2Assumes → NeutralGet Alert
03/09/2023RIGLBuy Now
Rigel Pharmaceuticals
$1.08177.78%Citigroup
Yigal Nochomovitz
$2 → $3MaintainsBuyGet Alert
03/08/2023RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
→ $15Reiterates → BuyGet Alert
12/02/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.08Citigroup
Yigal Nochomovitz
UpgradeNeutral → BuyGet Alert
11/04/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.08177.78%BMO Capital
Gary Nachman
$4 → $3MaintainsOutperformGet Alert
08/18/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.081288.89%HC Wainwright & Co.
Joseph Pantginis
$7 → $15MaintainsBuyGet Alert
08/17/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.0885.19%Piper Sandler
Do Kim
$1 → $2MaintainsNeutralGet Alert
06/09/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.08177.78%BMO Capital
Gary Nachman
$7 → $3MaintainsOutperformGet Alert
06/09/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.0815.74%B. Riley Securities
Kalpit Patel
$4 → $1.25MaintainsNeutralGet Alert
06/09/2022RIGLBuy Now
Rigel Pharmaceuticals
$1.08-25.93%Citigroup
Yigal Nochomovitz
$7 → $0.8DowngradeBuy → NeutralGet Alert

FAQ

Q

What is the target price for Rigel Pharmaceuticals (RIGL)?

A

The latest price target for Rigel Pharmaceuticals (NASDAQ: RIGL) was reported by Citigroup on March 7, 2024. The analyst firm set a price target for $4.00 expecting RIGL to rise to within 12 months (a possible 270.37% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rigel Pharmaceuticals (RIGL)?

A

The latest analyst rating for Rigel Pharmaceuticals (NASDAQ: RIGL) was provided by Citigroup, and Rigel Pharmaceuticals maintained their buy rating.

Q

When was the last upgrade for Rigel Pharmaceuticals (RIGL)?

A

The last upgrade for Rigel Pharmaceuticals Inc happened on December 2, 2022 when Citigroup raised their price target to N/A. Citigroup previously had a neutral for Rigel Pharmaceuticals Inc.

Q

When was the last downgrade for Rigel Pharmaceuticals (RIGL)?

A

The last downgrade for Rigel Pharmaceuticals Inc happened on June 9, 2022 when Citigroup changed their price target from $7 to $0.8 for Rigel Pharmaceuticals Inc.

Q

When is the next analyst rating going to be posted or updated for Rigel Pharmaceuticals (RIGL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rigel Pharmaceuticals, 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 Rigel Pharmaceuticals was filed on March 7, 2024 so you should expect the next rating to be made available sometime around March 7, 2025.

Q

Is the Analyst Rating Rigel Pharmaceuticals (RIGL) correct?

A

While ratings are subjective and will change, the latest Rigel Pharmaceuticals (RIGL) rating was a maintained with a price target of $3.00 to $4.00. The current price Rigel Pharmaceuticals (RIGL) is trading at is $1.08, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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