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Cipher Pharmaceuticals (CPH) Stock Forecast & Price Target

C$8.48
+0.13 (+1.56%)
(As of 06/21/2024 ET)

Cipher Pharmaceuticals - 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

Consensus Price Target

C$8.75
3.18% Upside
High ForecastC$9.50
Average ForecastC$8.75
Low ForecastC$8.00
TypeCurrent Forecast
6/23/23 to 6/22/24
1 Month Ago
5/24/23 to 5/23/24
3 Months Ago
3/25/23 to 3/24/24
1 Year Ago
6/23/22 to 6/23/23
Consensus Rating
Moderate Buy
Moderate 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
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
1 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 TargetC$8.75C$8.75C$8.00N/A
Forecasted Upside3.18% Upside10.55% Upside13.96% UpsideN/A
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CPH 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.
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CPH 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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Cipher Pharmaceuticals Stock vs. The Competition

TypeCipher PharmaceuticalsMedical Companies
Consensus Rating Score
2.50
2.70
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingNeutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/13/2024Stifel Nicolaus
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 DowngradeBuy ➝ HoldC$8.00 ➝ C$9.50+7.83%
2/14/2024Citigroup
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 Boost TargetSpeculative Buy ➝ BuyC$4.75 ➝ C$8.00+13.96%
3/17/2023Leede Jones Gab
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D. Loe
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Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:03 PM ET.

CPH Forecast - Frequently Asked Questions

What is Cipher Pharmaceuticals's stock forecast and purchase recommendation?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for Cipher Pharmaceuticals is C$8.75, with a high forecast of C$9.50 and a low forecast of C$8.00. The consensus rating for Cipher Pharmaceuticals stock is Moderate Buy based on the current 1 hold rating and 1 buy rating for CPH. Learn more on CPH's analyst rating history.

Do Wall Street analysts like Cipher Pharmaceuticals more than its competitors?

Analysts like Cipher Pharmaceuticals less than other "medical" companies. The consensus rating score for Cipher Pharmaceuticals is 2.50 while the average consensus rating score for "medical" companies is 2.70. Learn more on how CPH compares to other companies.

Is Cipher Pharmaceuticals being downgraded by Wall Street analysts?

Over the previous 90 days, Cipher Pharmaceuticals's stock had 1 downgrade by analysts.

Does Cipher Pharmaceuticals's stock price have much upside?

According to analysts, Cipher Pharmaceuticals's stock has a predicted upside of 10.55% based on their 12-month stock forecasts.

What analysts cover Cipher Pharmaceuticals?

Cipher Pharmaceuticals has been rated by research analysts at Stifel Nicolaus in the past 90 days.


Stock Forecasts and Research Tools

This page (TSE:CPH) was last updated on 6/22/2024 by MarketBeat.com Staff

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