Analyst Price Target is $27.25
▲ +251.61% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for 89bio in the last 3 months. The average price target is $27.25, with a high forecast of $49.00 and a low forecast of $11.00. The average price target represents a 251.61% upside from the last price of $7.75.
Current Consensus is
Buy
The current consensus among 9 investment analysts is to buy stock in 89bio. This rating changed within the last month from a Moderate Buy consensus rating.
89bio, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of therapies for the treatment of liver and cardio-metabolic diseases. Its lead product candidate is pegozafermin, a glycoPEGylated analog of fibroblast growth factor 21 for the treatment of nonalcoholic steatohepatitis; and for the treatment of severe hypertriglyceridemia. The company was incorporated in 2018 and is headquartered in San Francisco, California.
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