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Rigel Pharmaceuticals

RIGLNASDAQ
Logo brought to you by Benzinga Data
$25.04
0.733.00%
At close: -
$25.44
0.41.59%
After Hours: 7:59 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$57.00
Lowest Price Target1
$1.25
Consensus Price Target1
$21.46

Rigel Pharmaceuticals (NASDAQ:RIGL) Stock, Analyst Ratings, Price Targets, Forecasts

Rigel Pharmaceuticals Inc has a consensus price target of $21.46 based on the ratings of 7 analysts. The high is $57 issued by HC Wainwright & Co. on October 25, 2024. The low is $1.25 issued by B. Riley Securities on March 6, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Citigroup, and HC Wainwright & Co. on November 14, 2024, November 12, 2024, and October 25, 2024, respectively. With an average price target of $43 between Piper Sandler, Citigroup, and HC Wainwright & Co., there's an implied 69.04% upside for Rigel Pharmaceuticals Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jun
1
Aug
2
1
Sep
1
Oct
1
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Citigroup
HC Wainwright & Co.
Cantor Fitzgerald
B. Riley Securities

1calculated from analyst ratings

Analyst Ratings for Rigel Pharmaceuticals

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FAQ

Q

What is the target price for Rigel Pharmaceuticals (RIGL) stock?

A

The latest price target for Rigel Pharmaceuticals (NASDAQ:RIGL) was reported by Piper Sandler on November 14, 2024. The analyst firm set a price target for $23.00 expecting RIGL to fall to within 12 months (a possible -9.58% downside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Rigel Pharmaceuticals (RIGL)?

A

The latest analyst rating for Rigel Pharmaceuticals (NASDAQ:RIGL) was provided by Piper Sandler, and Rigel Pharmaceuticals maintained their neutral rating.

Q

When was the last upgrade for Rigel Pharmaceuticals (RIGL)?

A

The last upgrade for Rigel Pharmaceuticals Inc happened on December 2, 2022 when Citigroup raised their price target to N/A. Citigroup previously had a neutral for Rigel Pharmaceuticals Inc.

Q

When was the last downgrade for Rigel Pharmaceuticals (RIGL)?

A

The last downgrade for Rigel Pharmaceuticals Inc happened on June 9, 2022 when Citigroup changed their price target from $7 to $0.8 for Rigel Pharmaceuticals Inc.

Q

When is the next analyst rating going to be posted or updated for Rigel Pharmaceuticals (RIGL)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rigel 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 Rigel Pharmaceuticals was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.

Q

Is the Analyst Rating Rigel Pharmaceuticals (RIGL) correct?

A

While ratings are subjective and will change, the latest Rigel Pharmaceuticals (RIGL) rating was a maintained with a price target of $15.00 to $23.00. The current price Rigel Pharmaceuticals (RIGL) is trading at is $25.44, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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