Free Trial

Pliant Therapeutics (PLRX) Stock Forecast & Price Target

$12.36
-0.09 (-0.72%)
(As of 07/19/2024 ET)

Pliant Therapeutics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 9 Wall Street analysts who have issued ratings for Pliant Therapeutics in the last 12 months, the stock has a consensus rating of "Buy." Out of the 9 analysts, 9 have given a buy rating for PLRX.

Consensus Price Target

$45.38
267.11% Upside
High Forecast$63.00
Average Forecast$45.38
Low Forecast$36.00

According to the 9 analysts' twelve-month price targets for Pliant Therapeutics, the average price target is $45.38. The highest price target for PLRX is $63.00, while the lowest price target for PLRX is $36.00. The average price target represents a forecasted upside of 267.11% from the current price of $12.36.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
11 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$45.38$45.38$49.00$48.55
Forecasted Upside267.11% Upside208.80% Upside180.38% Upside84.38% Upside
Get Pliant Therapeutics Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for PLRX and its competitors with MarketBeat's FREE daily newsletter.

PLRX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PLRX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Pliant Therapeutics Stock vs. The Competition

TypePliant TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.72
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside267.11% Upside3,241.50% Upside10.06% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024Needham & Company LLC
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$38.00 ➝ $38.00+179.00%
7/16/2024HC Wainwright
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$36.00 ➝ $36.00+172.11%
5/7/2024Citigroup
3 of 5 stars
 Lower TargetBuy ➝ Buy$45.00 ➝ $44.00+223.53%
5/7/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform ➝ Outperform$54.00 ➝ $45.00+222.58%
5/7/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$47.00 ➝ $48.00+248.08%
12/8/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOverweight$41.00+178.91%
10/16/2023Leerink Partnrs
Subscribe to MarketBeat All Access for the recommendation accuracy rating
T. Smith
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform
8/22/2023Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
P. Stavropoulos
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOverweight ➝ Overweight$63.00+271.02%
8/10/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$47.00 ➝ $48.00+150.00%
5/18/2023Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$48.00+122.94%
4/12/2023Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$44.00+73.23%
1/24/2023SVB Leerink
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform$33.00 ➝ $45.00+48.61%
12/13/2022Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$33.00+73.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:04 PM ET.

PLRX Forecast - Frequently Asked Questions

What is Pliant Therapeutics' forecast for 2024?

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Pliant Therapeutics is $45.38, with a high forecast of $63.00 and a low forecast of $36.00.

Should I buy or sell Pliant Therapeutics stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pliant Therapeutics in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PLRX shares.

Does Pliant Therapeutics's stock price have much upside?

According to analysts, Pliant Therapeutics's stock has a predicted upside of 204.86% based on their 12-month stock forecasts.

What analysts cover Pliant Therapeutics?

Pliant Therapeutics has been rated by research analysts at Citigroup, HC Wainwright, Needham & Company LLC, Oppenheimer, and Royal Bank of Canada in the past 90 days.

Do Wall Street analysts like Pliant Therapeutics more than its competitors?

Analysts like Pliant Therapeutics more than other "medical" companies. The consensus rating for Pliant Therapeutics is Buy while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how PLRX compares to other companies.


This page (NASDAQ:PLRX) was last updated on 7/21/2024 by MarketBeat.com Staff

From Our Partners