Dr Reddy's Laboratories Ltd has a consensus price target of $17 based on the ratings of 1 analysts. The high is $17 issued by Barclays on November 6, 2024. The low is $17 issued by Barclays on November 6, 2024. The 3 most-recent analyst ratings were released by Barclays on November 6, 2024, July 30, 2024, and May 8, 2024, respectively. With an average price target of $61.67 between Barclays, there's an implied 303.84% upside for Dr Reddy's Laboratories Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Dr Reddy's Laboratories (NYSE:RDY) was reported by Barclays on November 6, 2024. The analyst firm set a price target for $17.00 expecting RDY to rise to within 12 months (a possible 11.33% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Dr Reddy's Laboratories (NYSE:RDY) was provided by Barclays, and Dr Reddy's Laboratories maintained their overweight rating.
There is no last upgrade for Dr Reddy's Laboratories
There is no last downgrade for Dr Reddy's Laboratories.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dr Reddy's Laboratories, 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 Dr Reddy's Laboratories was filed on November 6, 2024 so you should expect the next rating to be made available sometime around November 6, 2025.
While ratings are subjective and will change, the latest Dr Reddy's Laboratories (RDY) rating was a maintained with a price target of $17.40 to $17.00. The current price Dr Reddy's Laboratories (RDY) is trading at is $15.27, which is out of the analyst’s predicted range.
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