Analyst Price Target is $16.00
▲ +90.48% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Monte Rosa Therapeutics in the last 3 months. The average price target is $16.00, with a high forecast of $17.00 and a low forecast of $15.00. The average price target represents a 90.48% upside from the last price of $8.40.
Current Consensus is
Buy
The current consensus among 3 investment analysts is to buy stock in Monte Rosa Therapeutics. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.
Monte Rosa Therapeutics, Inc., a clinical-stage biotechnology company, engages in the development of novel small molecule precision medicines that employ the body's natural mechanisms to selectively degrade therapeutically relevant proteins. The company develops MRT-2359, an orally bioavailable molecular glue degrader targeting the translation termination factor protein GSPT1 for the treatment of MYC-driven tumors; MRT-6160 for the treatment of systemic and central nervous system autoimmune diseases; and MRT-8102 for the treatment of IL-1?/NLRP3 driven inflammatory diseases. It also develops CDK2 to treat ovarian, uterine, and breast cancers. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.
Read More