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Larimar Therapeutics Inc has a consensus price target of $19 based on the ratings of 10 analysts. The high is $26 issued by Oppenheimer on October 16, 2024. The low is $14 issued by Jones Trading on September 12, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Oppenheimer on November 18, 2024, October 31, 2024, and October 16, 2024, respectively. With an average price target of $18.67 between HC Wainwright & Co., HC Wainwright & Co., and Oppenheimer, there's an implied 204.51% upside for Larimar Therapeutics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Larimar Therapeutics (NASDAQ:LRMR) was reported by HC Wainwright & Co. on November 18, 2024. The analyst firm set a price target for $15.00 expecting LRMR to rise to within 12 months (a possible 144.70% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Larimar Therapeutics (NASDAQ:LRMR) was provided by HC Wainwright & Co., and Larimar Therapeutics reiterated their buy rating.
The last upgrade for Larimar Therapeutics Inc happened on November 17, 2023 when Citigroup raised their price target to $4.5. Citigroup previously had a neutral for Larimar Therapeutics Inc.
The last downgrade for Larimar Therapeutics Inc happened on February 15, 2022 when William Blair changed their price target from N/A to N/A for Larimar Therapeutics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Larimar 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 Larimar Therapeutics was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Larimar Therapeutics (LRMR) rating was a reiterated with a price target of $15.00 to $15.00. The current price Larimar Therapeutics (LRMR) is trading at is $6.13, which is out of the analyst’s predicted range.
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