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Madrigal Pharmaceuticals Inc has a consensus price target of $347 based on the ratings of 16 analysts. The high is $441 issued by UBS on November 1, 2024. The low is $150 issued by B of A Securities on April 22, 2024. The 3 most-recent analyst ratings were released by B. Riley Securities, UBS, and Oppenheimer on November 5, 2024, November 1, 2024, and October 23, 2024, respectively. With an average price target of $342.33 between B. Riley Securities, UBS, and Oppenheimer, there's an implied 6.98% upside for Madrigal Pharmaceuticals Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Madrigal Pharmaceuticals (NASDAQ:MDGL) was reported by Cantor Fitzgerald on November 20, 2024. The analyst firm set a price target for $0.00 expecting MDGL to fall to within 12 months (a possible -100.00% downside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for Madrigal Pharmaceuticals (NASDAQ:MDGL) was provided by Cantor Fitzgerald, and Madrigal Pharmaceuticals reiterated their neutral rating.
The last upgrade for Madrigal Pharmaceuticals Inc happened on March 15, 2024 when B. Riley Securities raised their price target to $270. B. Riley Securities previously had a sell for Madrigal Pharmaceuticals Inc.
The last downgrade for Madrigal Pharmaceuticals Inc happened on February 27, 2024 when B. Riley Securities changed their price target from $204 to $155 for Madrigal Pharmaceuticals Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Madrigal Pharmaceuticals, 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 Madrigal Pharmaceuticals was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.
While ratings are subjective and will change, the latest Madrigal Pharmaceuticals (MDGL) rating was a reiterated with a price target of $0.00 to $0.00. The current price Madrigal Pharmaceuticals (MDGL) is trading at is $320.00, which is out of the analyst’s predicted range.
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