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 | $1.5 | 33.33% |
| 2022-05-18 | 2 | $5 | $2 | $3.5 | $1.5 | 133.33% |
| 2023-08-08 | 2 | $70 | $50 | $60 | $1.5 | 3900% |
The Trend in the Analyst Price Target
Over the past 46 weeks, PTN's average price target has gone down $0.
Over the past 38 weeks, PTN's average upside potential has been 2,145.36%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-11-15 | 2 | 70 | 50 | 60 | 4.25 | 1311.76% |
| 2023-03-13 | 2 | 70 | 50 | 60 | 2.76 | 2073.91% |
| 2023-05-09 | 2 | 70 | 50 | 60 | 2.23 | 2590.58% |
| 2023-05-17 | 2 | 70 | 50 | 60 | 2.44 | 2359.02% |
| 2023-08-08 | 2 | 70 | 50 | 60 | 2.64 | 2172.73% |
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
PTN's average broker recommendation rating improved by 0 over the prior 122 days.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for PTN as an investment opportunity.
- PALATIN TECHNOLOGIES INC's number of analysts covering the stock is higher than 12.24% of all US stocks.
- In the context of stocks in the micro market cap category, PALATIN TECHNOLOGIES INC's average analyst price target is greater than 216.06% of them.
- In terms of how PALATIN TECHNOLOGIES INC fares relative to stocks in the micro market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 248.62% of that group.
- PTN has a lower variance in analysts' estimates than -116.66% of stocks in the micro market cap category.
Stocks similar to PALATIN TECHNOLOGIES INC in the Pharmaceutical Products industry regarding analyst recommendations and price targets are CPHI, PRPH, and QLI.
View All Top Stocks by Price Target
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