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Prime Medicine Inc has a consensus price target of $17.08 based on the ratings of 14 analysts. The high is $25 issued by Jefferies on November 14, 2022. The low is $10 issued by HC Wainwright & Co. on August 9, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Citigroup on August 9, 2024, May 20, 2024, and May 16, 2024, respectively. With an average price target of $10 between HC Wainwright & Co., HC Wainwright & Co., and Citigroup, there's an implied 181.69% upside for Prime Medicine Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Prime Medicine (NASDAQ:PRME) was reported by HC Wainwright & Co. on August 9, 2024. The analyst firm set a price target for $10.00 expecting PRME to rise to within 12 months (a possible 181.69% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Prime Medicine (NASDAQ:PRME) was provided by HC Wainwright & Co., and Prime Medicine reiterated their buy rating.
The last upgrade for Prime Medicine Inc happened on May 16, 2024 when Citigroup raised their price target to $10. Citigroup previously had a neutral for Prime Medicine Inc.
There is no last downgrade for Prime Medicine.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Prime Medicine, 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 Prime Medicine was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest Prime Medicine (PRME) rating was a reiterated with a price target of $10.00 to $10.00. The current price Prime Medicine (PRME) is trading at is $3.55, which is out of the analyst’s predicted range.
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