Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Vertex Pharmaceuticals Inc has a consensus price target of $487.83 based on the ratings of 29 analysts. The high is $600 issued by HC Wainwright & Co. on August 5, 2024. The low is $370 issued by Cantor Fitzgerald on October 17, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Oppenheimer, and JP Morgan on August 5, 2024, respectively. With an average price target of $553.33 between HC Wainwright & Co., Oppenheimer, and JP Morgan, there's an implied 16.70% upside for Vertex Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vertex Pharmaceuticals (NASDAQ:VRTX) was reported by HC Wainwright & Co. on August 5, 2024. The analyst firm set a price target for $600.00 expecting VRTX to rise to within 12 months (a possible 26.54% upside). 66 analyst firms have reported ratings in the last year.
The latest analyst rating for Vertex Pharmaceuticals (NASDAQ:VRTX) was provided by HC Wainwright & Co., and Vertex Pharmaceuticals maintained their buy rating.
The last upgrade for Vertex Pharmaceuticals Inc happened on April 11, 2024 when Evercore ISI Group raised their price target to $438. Evercore ISI Group previously had an in-line for Vertex Pharmaceuticals Inc.
The last downgrade for Vertex Pharmaceuticals Inc happened on August 5, 2024 when Barclays changed their price target from $472 to $509 for Vertex Pharmaceuticals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vertex 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 Vertex Pharmaceuticals was filed on August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.
While ratings are subjective and will change, the latest Vertex Pharmaceuticals (VRTX) rating was a maintained with a price target of $500.00 to $600.00. The current price Vertex Pharmaceuticals (VRTX) is trading at is $474.16, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.