HUTCHMED (China) Ltd has a consensus price target of $30.37 based on the ratings of 3 analysts. The high is $50 issued by Cantor Fitzgerald on September 5, 2023. The low is $19 issued by Goldman Sachs on August 1, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Deutsche Bank, and Goldman Sachs on August 1, 2024, November 24, 2023, and November 10, 2023, respectively. With an average price target of $19.37 between Goldman Sachs, Deutsche Bank, and Goldman Sachs, there's an implied 9.46% upside for HUTCHMED (China) Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for HUTCHMED (China) (NASDAQ:HCM) was reported by Goldman Sachs on August 1, 2024. The analyst firm set a price target for $19.00 expecting HCM to rise to within 12 months (a possible 13.43% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for HUTCHMED (China) (NASDAQ:HCM) was provided by Goldman Sachs, and HUTCHMED (China) maintained their neutral rating.
The last upgrade for HUTCHMED (China) Ltd happened on November 24, 2023 when Deutsche Bank raised their price target to $22.1. Deutsche Bank previously had a hold for HUTCHMED (China) Ltd.
There is no last downgrade for HUTCHMED (China).
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of HUTCHMED (China), 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 HUTCHMED (China) was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest HUTCHMED (China) (HCM) rating was a maintained with a price target of $17.00 to $19.00. The current price HUTCHMED (China) (HCM) is trading at is $16.75, which is out of the analyst’s predicted range.
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