What 9 Analyst Ratings Have To Say About Prothena Corp

Analysts have provided the following ratings for Prothena Corp (NASDAQ:PRTA) within the last quarter:

In the last 3 months, 9 analysts have offered 12-month price targets for Prothena Corp. The company has an average price target of $62.22 with a high of $82.00 and a low of $39.00.

This current average has increased by 22.34% from the previous average price target of $50.86.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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