Analyst Price Target is $5.50
▲ +388.45% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Artelo Biosciences in the last 3 months. The average price target is $5.50, with a high forecast of $6.00 and a low forecast of $5.00. The average price target represents a 388.45% upside from the last price of $1.13.
Current Consensus is
Strong Buy
The current consensus among 4 polled investment analysts is to buy (strong buy) stock in Artelo Biosciences. This rating changed within the last month from a Buy consensus rating.
Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, develops and commercializes therapeutics that target lipid-signaling pathways in the United States. It's product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment anxiety, post-traumatic stress disorder, epilepsy, inflammatory bowel disease, and other potential indications; and ART26.12, a fatty acid binding protein 5 inhibitor for treating chemotherapy induced peripheral neuropathy, diabetic neuropathy, prostate cancer and breast cancer, pain, dermatologic conditions, and anxiety disorders. The company was formerly known as Reactive Medical, Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.
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