Spyre Therapeutics (SYRE) Stock Forecast & Price Target

$33.56
+1.09 (+3.36%)
(As of 04/26/2024 ET)

Spyre Therapeutics Consensus Analyst Rating 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.

Analysts' Consensus Rating

Buy
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

$39.20
16.81% Upside
High Forecast$54.00
Average Forecast$39.20
Low Forecast$31.00
TypeCurrent Forecast
4/29/23 to 4/28/24
1 Month Ago
3/30/23 to 3/29/24
3 Months Ago
1/29/23 to 1/29/24
1 Year Ago
4/29/22 to 4/29/23
Consensus Rating
Buy
Buy
Buy
N/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
7 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
N/A
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price Target$39.20$39.20$33.50N/A
Predicted Upside16.81% Upside61.26% Upside86.58% UpsideN/A
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SYRE Analyst Ratings 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.
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SYRE 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.
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Spyre Therapeutics Stock vs. The Competition

TypeSpyre TherapeuticsMedical CompaniesS&P 500
Consensus Rating Score
3.00
2.68
2.49
Consensus RatingBuyModerate BuyHold
Predicted Upside16.81% Upside3,082.34% Upside10.57% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/26/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$36.00 ➝ $54.00+40.33%
3/1/2024Wells Fargo & Company
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 UpgradeEqual Weight ➝ Overweight$12.00 ➝ $35.00+27.55%
12/20/2023BTIG Research
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 Initiated CoverageBuy$32.00+95.12%
12/11/2023Guggenheim
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 Initiated CoverageBuy$44.00+124.38%
12/11/2023Jefferies Financial Group
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 Initiated CoverageBuy$31.00+58.08%
12/4/2023Lifesci Capital
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S. Slutsky
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Reiterated RatingOutperform
11/29/2023TD Cowen
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 Initiated CoverageOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:59 AM ET.

SYRE Price Target - Frequently Asked Questions

What is Spyre Therapeutics's consensus rating and price target?

According to the issued ratings of 7 analysts in the last year, the consensus rating for Spyre Therapeutics stock is Buy based on the current 7 buy ratings for SYRE. The average twelve-month price prediction for Spyre Therapeutics is $39.20 with a high price target of $54.00 and a low price target of $31.00. Learn more on SYRE's analyst rating history.

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

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

Is Spyre Therapeutics being upgraded by Wall Street analysts?

Over the previous 90 days, Spyre Therapeutics's stock had 1 upgrade by analysts.

Does Spyre Therapeutics's stock price have much upside?

According to analysts, Spyre Therapeutics's stock has a predicted upside of 61.26% based on their 12-month stock forecasts.

What analysts cover Spyre Therapeutics?

Spyre Therapeutics has been rated by Stifel Nicolaus, and Wells Fargo & Company in the past 90 days.


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This page (NASDAQ:SYRE) was last updated on 4/28/2024 by MarketBeat.com Staff

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