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Amneal Pharmaceuticals Inc has a consensus price target of $8.71 based on the ratings of 7 analysts. The high is $12 issued by Truist Securities on October 2, 2024. The low is $4 issued by BMO Capital on March 3, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Truist Securities, and JP Morgan on November 11, 2024, October 2, 2024, and September 6, 2024, respectively. With an average price target of $10.67 between Piper Sandler, Truist Securities, and JP Morgan, there's an implied 37.10% upside for Amneal Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Amneal Pharmaceuticals (NASDAQ:AMRX) was reported by Piper Sandler on November 11, 2024. The analyst firm set a price target for $11.00 expecting AMRX to rise to within 12 months (a possible 41.39% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Amneal Pharmaceuticals (NASDAQ:AMRX) was provided by Piper Sandler, and Amneal Pharmaceuticals maintained their overweight rating.
The last upgrade for Amneal Pharmaceuticals Inc happened on September 6, 2024 when JP Morgan raised their price target to $9. JP Morgan previously had an underweight for Amneal Pharmaceuticals Inc.
There is no last downgrade for Amneal Pharmaceuticals.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Amneal 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 Amneal Pharmaceuticals was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Amneal Pharmaceuticals (AMRX) rating was a maintained with a price target of $9.00 to $11.00. The current price Amneal Pharmaceuticals (AMRX) is trading at is $7.78, which is out of the analyst’s predicted range.
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