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PTC Therapeutics

PTCTNASDAQ
$33.03
0.41.23%
At Close: -
$33.03
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Equal-Weight
Highest Price Target1
$62.00
Lowest Price Target1
$17.00
Consensus Price Target1
$37.94

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PTC Therapeutics (NASDAQ:PTCT) Stock, Analyst Ratings, Price Targets, Forecasts

PTC Therapeutics Inc has a consensus price target of $37.94 based on the ratings of 18 analysts. The high is $62 issued by Cantor Fitzgerald on July 16, 2024. The low is $17 issued by Citigroup on October 27, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Morgan Stanley, and Cantor Fitzgerald on July 16, 2024, July 12, 2024, and July 1, 2024, respectively. With an average price target of $52 between Cantor Fitzgerald, Morgan Stanley, and Cantor Fitzgerald, there's an implied 57.43% upside for PTC Therapeutics Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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1
Apr
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May
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1
Jun
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Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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1.7
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Morgan Stanley
B of A Securities
JP Morgan
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for PTC Therapeutics

Buy NowGet Alert
07/16/2024Buy Now87.71%Cantor Fitzgerald
Kristen Kluska
$62 → $62ReiteratesOverweight → OverweightGet Alert
07/12/2024Buy Now-3.12%Morgan Stanley
Jeffrey Hung
$30 → $32MaintainsEqual-WeightGet Alert
07/01/2024Buy Now87.71%Cantor Fitzgerald
Kristen Kluska
$52 → $62MaintainsOverweightGet Alert
06/21/2024Buy Now-3.12%B of A Securities
Tazeen Ahmad
$25 → $32MaintainsUnderperformGet Alert
06/20/2024Buy Now60.46%JP Morgan
Eric Joseph
$53 → $53MaintainsOverweightGet Alert
05/28/2024Buy Now-3.12%Goldman Sachs
Paul Choi
$18 → $32MaintainsSellGet Alert
05/21/2024Buy Now-21.28%Citigroup
David Lebowitz
$18 → $26MaintainsSellGet Alert
05/21/2024Buy Now60.46%JP Morgan
Eric Joseph
$43 → $53MaintainsOverweightGet Alert
05/21/2024Buy Now-3.12%Goldman Sachs
Paul Choi
$18 → $32MaintainsSellGet Alert
05/20/2024Buy Now39.27%Jefferies
Kelly Shi
$35 → $46MaintainsBuyGet Alert
04/29/2024Buy Now-9.17%Morgan Stanley
Jeffrey Hung
$28 → $30UpgradeUnderweight → Equal-WeightGet Alert
04/12/2024Buy Now36.24%Cantor Fitzgerald
Kristen Kluska
→ $45ReiteratesOverweight → OverweightGet Alert
03/20/2024Buy Now5.96%Jefferies
Kelly Shi
$33 → $35MaintainsBuyGet Alert
03/08/2024Buy Now-15.23%RBC Capital
Brian Abrahams
→ $28ReiteratesSector Perform → Sector PerformGet Alert
03/01/2024Buy Now-15.23%RBC Capital
Brian Abrahams
$22 → $28MaintainsSector PerformGet Alert
03/01/2024Buy Now36.24%Cantor Fitzgerald
Kristen Kluska
→ $45ReiteratesOverweight → OverweightGet Alert
03/01/2024Buy Now-9.17%TD Cowen
Joseph Thome
$32 → $30MaintainsMarket PerformGet Alert
01/26/2024Buy Now36.24%Cantor Fitzgerald
Kristen Kluska
$51 → $45MaintainsOverweightGet Alert
01/26/2024Buy Now-33.39%RBC Capital
Brian Abrahams
$27 → $22MaintainsSector PerformGet Alert
12/19/2023Buy Now-15.23%Morgan Stanley
Jeffrey Hung
→ $28DowngradeEqual-Weight → UnderweightGet Alert
12/18/2023Buy Now-45.5%Goldman Sachs
Paul Choi
$20 → $18MaintainsSellGet Alert
12/18/2023Buy Now54.41%Cantor Fitzgerald
Kristen Kluska
→ $51ReiteratesOverweight → OverweightGet Alert
11/20/2023Buy Now54.41%Cantor Fitzgerald
Kristen Kluska
→ $51ReiteratesOverweight → OverweightGet Alert
10/27/2023Buy Now-15.23%Morgan Stanley
Jeffrey Hung
$31 → $28MaintainsEqual-WeightGet Alert
10/27/2023Buy Now-24.31%Barclays
Gena Wang
$26 → $25MaintainsEqual-WeightGet Alert
10/27/2023Buy Now-48.53%Citigroup
David Lebovitz
$29 → $17DowngradeNeutral → SellGet Alert
10/06/2023Buy Now-24.31%Truist Securities
Robyn Karnauskas
→ $25DowngradeBuy → HoldGet Alert
09/19/2023Buy Now36.24%Truist Securities
Barry Jonas
→ $45ReiteratesBuy → BuyGet Alert
09/19/2023Buy Now-30.37%B of A Securities
Tazeen Ahmad
$43 → $23MaintainsUnderperformGet Alert
09/18/2023Buy Now36.24%Truist Securities
Barry Jonas
$60 → $45MaintainsBuyGet Alert
09/18/2023Buy Now-21.28%Barclays
Gena Wang
$44 → $26MaintainsEqual-WeightGet Alert
09/18/2023Buy Now-6.15%Morgan Stanley
Jeffrey Hung
$47 → $31MaintainsEqual-WeightGet Alert
09/18/2023Buy Now-33.39%Goldman Sachs
Paul Choi
$35 → $22MaintainsSellGet Alert
09/18/2023Buy Now-21.28%RBC Capital
Brian Abrahams
$49 → $26MaintainsSector PerformGet Alert
09/18/2023Buy Now-12.2%Citigroup
David Lebovitz
$55 → $29DowngradeBuy → NeutralGet Alert
09/18/2023Buy Now—Raymond James
Danielle Brill
—DowngradeOutperform → UnderperformGet Alert
09/15/2023Buy Now—Raymond James
Danielle Brill
—DowngradeOutperform → UnderperformGet Alert
08/16/2023Buy Now96.79%Truist Securities
Barry Jonas
→ $65ReiteratesBuy → BuyGet Alert
08/07/2023Buy Now121.01%Cantor Fitzgerald
Kristen Kluska
→ $73ReiteratesOverweight → OverweightGet Alert
08/04/2023Buy Now42.29%Morgan Stanley
Jeffrey Hung
$47 → $47ReiteratesEqual-Weight → Equal-WeightGet Alert
08/04/2023Buy Now33.21%Barclays
Gena Wang
$48 → $44MaintainsEqual-WeightGet Alert
08/04/2023Buy Now66.52%Raymond James
Danielle Brill
$58 → $55MaintainsOutperformGet Alert
07/21/2023Buy Now121.01%Cantor Fitzgerald
Kristen Kluska
→ $73ReiteratesOverweight → OverweightGet Alert
07/20/2023Buy Now48.35%RBC Capital
Brian Abrahams
→ $49ReiteratesSector Perform → Sector PerformGet Alert
07/20/2023Buy Now121.01%Cantor Fitzgerald
Kristen Kluska
→ $73ReiteratesOverweight → OverweightGet Alert
07/20/2023Buy Now51.38%Credit Suisse
Judah Frommer
→ $50ReiteratesNeutral → NeutralGet Alert
07/11/2023Buy Now42.29%Morgan Stanley
Jeffrey Hung
$50 → $47MaintainsEqual-WeightGet Alert
06/30/2023Buy Now121.01%Cantor Fitzgerald
Kristen Kluska
$75 → $73MaintainsOverweightGet Alert
05/24/2023Buy Now27.16%B of A Securities
Tazeen Ahmad
→ $42MaintainsUnderperformGet Alert
05/24/2023Buy Now57.43%RBC Capital
Brian Abrahams
→ $52MaintainsSector PerformGet Alert
05/24/2023Buy Now51.38%Credit Suisse
Judah Frommer
$55 → $50MaintainsNeutralGet Alert
05/24/2023Buy Now21.1%TD Cowen
Joseph Thome
$47 → $40MaintainsMarket PerformGet Alert
05/24/2023Buy Now90.74%Citigroup
David Lebovitz
$70 → $63MaintainsBuyGet Alert
05/24/2023Buy Now45.32%Barclays
Gena Wang
$57 → $48MaintainsEqual-WeightGet Alert
05/18/2023Buy Now30.18%B of A Securities
Tazeen Ahmad
$36 → $43MaintainsUnderperformGet Alert
05/18/2023Buy Now111.93%Citigroup
David Lebovitz
$67 → $70MaintainsBuyGet Alert
05/18/2023Buy Now72.57%Barclays
Gena Wang
$47 → $57MaintainsEqual-WeightGet Alert
05/18/2023Buy Now12.02%Goldman Sachs
Paul Choi
$35 → $37MaintainsSellGet Alert
05/08/2023Buy Now93.76%JP Morgan
Eric Joseph
$57 → $64MaintainsOverweightGet Alert
05/01/2023Buy Now75.6%Raymond James
Danielle Brill
$55 → $58MaintainsOutperformGet Alert
04/28/2023Buy Now54.41%Credit Suisse
Judah Frommer
$48 → $51MaintainsNeutralGet Alert
04/28/2023Buy Now102.85%Citigroup
David Lebovitz
$61 → $67MaintainsBuyGet Alert
04/18/2023Buy Now96.79%Truist Securities
Barry Jonas
$60 → $65MaintainsBuyGet Alert
03/17/2023Buy Now45.32%SVB Leerink
Joseph Schwartz
→ $48Initiates → Market PerformGet Alert
02/23/2023Buy Now66.52%Raymond James
Danielle Brill
$60 → $55MaintainsOutperformGet Alert
02/22/2023Buy Now8.99%B of A Securities
Tazeen Ahmad
→ $36MaintainsUnderperformGet Alert
02/22/2023Buy Now99.82%Cantor Fitzgerald
Kristen Kluska
$68 → $66MaintainsOverweightGet Alert
02/22/2023Buy Now45.32%Credit Suisse
Judah Frommer
→ $48Reiterates → NeutralGet Alert
02/03/2023Buy Now51.38%Morgan Stanley
Jeffrey Hung
$40 → $50MaintainsEqual-WeightGet Alert
01/10/2023Buy Now45.32%Credit Suisse
Judah Frommer
$47 → $48MaintainsNeutralGet Alert
12/14/2022Buy Now5.96%Goldman Sachs
Paul Choi
→ $35Initiates → SellGet Alert
10/28/2022Buy Now42.29%Barclays
Gena Wang
$48 → $47MaintainsEqual-WeightGet Alert
10/28/2022Buy Now21.1%Morgan Stanley
Jonathan Lee
$54 → $40MaintainsEqual-WeightGet Alert
10/28/2022Buy Now39.27%RBC Capital
Brian Abrahams
$60 → $46MaintainsSector PerformGet Alert
10/28/2022Buy Now42.29%Credit Suisse
Judah Frommer
$55 → $47MaintainsNeutralGet Alert
10/17/2022Buy Now81.65%RBC Capital
Brian Abrahams
$49 → $60MaintainsSector PerformGet Alert
09/12/2022Buy Now87.71%Jefferies
Kelly Shi
→ $62Initiates → BuyGet Alert
09/09/2022Buy Now63.49%Morgan Stanley
Andrew Galler
→ $54Initiates → Equal-WeightGet Alert
09/01/2022Buy Now111.93%Citigroup
David Lebowitz
→ $70Initiates → BuyGet Alert
08/11/2022Buy Now81.65%Raymond James
Danielle Brill
$55 → $60MaintainsOutperformGet Alert
08/05/2022Buy Now45.32%Barclays
Gena Wang
→ $48MaintainsEqual-WeightGet Alert
06/23/2022Buy Now39.27%RBC Capital
Brian Abrahams
$42 → $46MaintainsSector PerformGet Alert
05/04/2022Buy Now2.94%Barclays
Gena Wang
$39 → $34MaintainsEqual-WeightGet Alert
04/19/2022Buy Now-0.09%B of A Securities
Tazeen Ahmad
$34 → $33MaintainsUnderperformGet Alert
02/23/2022Buy Now130.09%JP Morgan
Eric Joseph
$70 → $76MaintainsOverweightGet Alert
02/23/2022Buy Now18.07%Barclays
Gena Wang
$40 → $39MaintainsEqual-WeightGet Alert
10/29/2021Buy Now21.1%Barclays
Gena Wang
$45 → $40MaintainsEqual-WeightGet Alert
10/29/2021Buy Now66.52%Raymond James
Danielle Brill
—MaintainsOutperformGet Alert
10/29/2021Buy Now27.16%RBC Capital
Brian Abrahams
—MaintainsSector PerformGet Alert
10/29/2021Buy Now45.32%Credit Suisse
Judah Frommer
—MaintainsNeutralGet Alert
10/18/2021Buy Now15.05%B of A Securities
Tazeen Ahmad
—DowngradeNeutral → UnderperformGet Alert
07/30/2021Buy Now51.38%Credit Suisse
Judah Frommer
—MaintainsNeutralGet Alert

FAQ

Q

What is the target price for PTC Therapeutics (PTCT) stock?

A

The latest price target for PTC Therapeutics (NASDAQ:PTCT) was reported by Cantor Fitzgerald on July 16, 2024. The analyst firm set a price target for $62.00 expecting PTCT to rise to within 12 months (a possible 87.71% upside). 42 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for PTC Therapeutics (PTCT)?

A

The latest analyst rating for PTC Therapeutics (NASDAQ:PTCT) was provided by Cantor Fitzgerald, and PTC Therapeutics reiterated their overweight rating.

Q

When was the last upgrade for PTC Therapeutics (PTCT)?

A

The last upgrade for PTC Therapeutics Inc happened on April 29, 2024 when Morgan Stanley raised their price target to $30. Morgan Stanley previously had an underweight for PTC Therapeutics Inc.

Q

When was the last downgrade for PTC Therapeutics (PTCT)?

A

The last downgrade for PTC Therapeutics Inc happened on December 19, 2023 when Morgan Stanley changed their price target from N/A to $28 for PTC Therapeutics Inc.

Q

When is the next analyst rating going to be posted or updated for PTC Therapeutics (PTCT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PTC 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 PTC Therapeutics was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.

Q

Is the Analyst Rating PTC Therapeutics (PTCT) correct?

A

While ratings are subjective and will change, the latest PTC Therapeutics (PTCT) rating was a reiterated with a price target of $62.00 to $62.00. The current price PTC Therapeutics (PTCT) is trading at is $33.03, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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