Galapagos NV has a consensus price target of $40.91 based on the ratings of 10 analysts. The high is $69 issued by Raymond James on May 8, 2023. The low is $24 issued by Leerink Partners on September 9, 2024. The 3 most-recent analyst ratings were released by RBC Capital, Leerink Partners, and Morgan Stanley on November 1, 2024, September 9, 2024, and April 22, 2024, respectively. With an average price target of $30.67 between RBC Capital, Leerink Partners, and Morgan Stanley, there's an implied 10.63% upside for Galapagos NV from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Galapagos (NASDAQ:GLPG) was reported by RBC Capital on November 1, 2024. The analyst firm set a price target for $30.00 expecting GLPG to rise to within 12 months (a possible 11.48% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Galapagos (NASDAQ:GLPG) was provided by RBC Capital, and Galapagos maintained their sector perform rating.
The last upgrade for Galapagos NV happened on May 8, 2023 when Raymond James raised their price target to $69. Raymond James previously had a market perform for Galapagos NV.
The last downgrade for Galapagos NV happened on April 1, 2024 when B of A Securities changed their price target from $41 to $31 for Galapagos NV.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Galapagos, 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 Galapagos was filed on November 1, 2024 so you should expect the next rating to be made available sometime around November 1, 2025.
While ratings are subjective and will change, the latest Galapagos (GLPG) rating was a maintained with a price target of $32.00 to $30.00. The current price Galapagos (GLPG) is trading at is $26.91, which is out of the analyst’s predicted range.
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