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Cormedix Inc has a consensus price target of $15.83 based on the ratings of 6 analysts. The high is $19 issued by JMP Securities on April 9, 2024. The low is $12 issued by RBC Capital on December 19, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Needham, and Truist Securities on December 19, 2024, October 31, 2024, and October 22, 2024, respectively. With an average price target of $15.67 between RBC Capital, Needham, and Truist Securities, there's an implied 79.05% upside for Cormedix Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cormedix (NASDAQ:CRMD) was reported by RBC Capital on December 19, 2024. The analyst firm set a price target for $12.00 expecting CRMD to rise to within 12 months (a possible 37.14% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Cormedix (NASDAQ:CRMD) was provided by RBC Capital, and Cormedix maintained their outperform rating.
There is no last upgrade for Cormedix
There is no last downgrade for Cormedix.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cormedix, 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 Cormedix was filed on December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.
While ratings are subjective and will change, the latest Cormedix (CRMD) rating was a maintained with a price target of $11.00 to $12.00. The current price Cormedix (CRMD) is trading at is $8.75, which is out of the analyst’s predicted range.
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