Analyst Price Target is $65.44
▲ +41.78% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Protagonist Therapeutics in the last 3 months. The average price target is $65.44, with a high forecast of $80.00 and a low forecast of $38.00. The average price target represents a 41.78% upside from the last price of $46.16.
Current Consensus is
Buy
The current consensus among 9 investment analysts is to buy stock in Protagonist Therapeutics. This Buy consensus rating has held steady for over two years.
Protagonist Therapeutics, Inc., a biopharmaceutical company, develops peptide-based drugs for hematology and blood disorders, and inflammatory and immunomodulatory diseases. It is developing Rusfertide (PTG-300), an injectable hepcidin mimetic that completed phase 2 clinical trials for the treatment of polycythemia vera and other blood disorders; and JNJ-2113, an orally delivered investigational drug to block biological pathways that completed phase 2b clinical trials for the treatment of moderate-to-severe plaque psoriasis; and PN-943, an orally delivered, gut-restricted alpha 4 beta 7 specific integrin antagonist completed a phase 2 clinical trials in patients with moderate to severe ulcerative colitis. The company has a license and collaboration agreement with Takeda to commercialize rusfertide; and JNJ Innovative Medicines to co-develop Interleukin-23 receptor antagonist compound JNJ-2113. Protagonist Therapeutics, Inc. was incorporated in 2006 and is headquartered in Newark, California.
Read More