Palatin Technologies, Inc. (PTN) Social Stream
PALATIN TECHNOLOGIES INC (PTN) Price Targets From Analysts
Use the tables below to see what analysts covering PALATIN TECHNOLOGIES INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-15 | 2 | $2 | $2 | $2 | $2.75 | -27.27% |
| 2022-05-18 | 2 | $125 | $50 | $87.5 | $2.75 | 3081.82% |
| 2023-12-20 | 2 | $70 | $50 | $60 | $2.75 | 2081.82% |
The Trend in the Analyst Price Target
Over the past 44 weeks, PTN's average price target has gone down $0.
PTN reports an average of 2,686.42% for its upside potential over the past 44 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-16 | 2 | 70 | 50 | 60 | 2.58 | 2225.58% |
| 2023-05-17 | 2 | 70 | 50 | 60 | 2.44 | 2359.02% |
| 2023-09-28 | 2 | 70 | 50 | 60 | 1.50 | 3900% |
| 2023-09-29 | 2 | 70 | 50 | 60 | 1.51 | 3873.51% |
| 2023-12-20 | 2 | 70 | 50 | 60 | 2.47 | 2329.15% |
PTN Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1 | 2 | 0 | 0 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 43 weeks, PTN's average broker recommendation rating improved by 0.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how PALATIN TECHNOLOGIES INC fares relative to all US stocks, note that its number of analysts covering the stock is greater than 11.32% of that group.
- In the context of stocks in the micro market cap category, PALATIN TECHNOLOGIES INC's average analyst price target is higher than 216.03% of them.
- In the context of Pharmaceutical Products stocks, PALATIN TECHNOLOGIES INC's upside potential (average analyst target price relative to current price) is greater than 221.38% of them.
- In terms of how PALATIN TECHNOLOGIES INC fares relative to stocks in the micro market cap category, note that its variance in analysts' estimates is lower than -122.64% of that group.
In the Pharmaceutical Products industry, OCUP, CPHI, and PRPH are the three stocks most similar to PALATIN TECHNOLOGIES INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for PTN? Use POWR Ratings for clearer insight into price direction.