Analyst Price Target is $9.08
▲ +276.90% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Editas Medicine in the last 3 months. The average price target is $9.08, with a high forecast of $15.00 and a low forecast of $3.00. The average price target represents a 276.90% upside from the last price of $2.41.
Current Consensus is
Moderate Buy
The current consensus among 13 contributing investment analysts is to moderate buy stock in Editas Medicine. This rating changed within the last month from a Hold consensus rating.
Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis; and reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T cells for solid and liquid tumors; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; strategic alliance and option agreement with Allergan Pharmaceuticals International Limited. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.
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