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Cardiol Therapeutics Inc has a consensus price target of $7.5 based on the ratings of 4 analysts. The high is $10 issued by Roth MKM on June 26, 2024. The low is $3 issued by Cantor Fitzgerald on August 14, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., Roth MKM, and HC Wainwright & Co. on October 24, 2024, June 26, 2024, and June 14, 2024, respectively. With an average price target of $9.33 between HC Wainwright & Co., Roth MKM, and HC Wainwright & Co., there's an implied 412.82% upside for Cardiol Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cardiol Therapeutics (NASDAQ:CRDL) was reported by HC Wainwright & Co. on October 24, 2024. The analyst firm set a price target for $9.00 expecting CRDL to rise to within 12 months (a possible 394.51% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Cardiol Therapeutics (NASDAQ:CRDL) was provided by HC Wainwright & Co., and Cardiol Therapeutics reiterated their buy rating.
There is no last upgrade for Cardiol Therapeutics
There is no last downgrade for Cardiol Therapeutics.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cardiol 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 Cardiol Therapeutics was filed on October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
While ratings are subjective and will change, the latest Cardiol Therapeutics (CRDL) rating was a reiterated with a price target of $9.00 to $9.00. The current price Cardiol Therapeutics (CRDL) is trading at is $1.82, which is out of the analyst’s predicted range.
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