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Allakos Inc has a consensus price target of $23.5 based on the ratings of 13 analysts. The high is $155 issued by B of A Securities on December 13, 2021. The low is $1 issued by Jefferies on July 18, 2024. The 3 most-recent analyst ratings were released by Jefferies, JMP Securities, and JMP Securities on July 18, 2024, June 26, 2024, and January 17, 2024, respectively. With an average price target of $2.33 between Jefferies, JMP Securities, and JMP Securities, there's an implied 220.95% upside for Allakos Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Allakos (NASDAQ:ALLK) was reported by Jefferies on July 18, 2024. The analyst firm set a price target for $1.00 expecting ALLK to rise to within 12 months (a possible 37.55% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Allakos (NASDAQ:ALLK) was provided by Jefferies, and Allakos maintained their hold rating.
The last upgrade for Allakos Inc happened on December 18, 2023 when William Blair raised their price target to N/A. William Blair previously had a market perform for Allakos Inc.
The last downgrade for Allakos Inc happened on January 17, 2024 when Jefferies changed their price target from $6 to $1.5 for Allakos Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allakos, 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 Allakos was filed on July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 2025.
While ratings are subjective and will change, the latest Allakos (ALLK) rating was a maintained with a price target of $1.50 to $1.00. The current price Allakos (ALLK) is trading at is $0.73, which is out of the analyst’s predicted range.
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