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Cipher Pharmaceuticals (CPH) Stock Forecast & Price Target

C$16.52
+0.37 (+2.29%)
(As of 10/25/2024 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

Sell
0
Hold
1
Buy
3

Based on 4 Wall Street analysts who have issued ratings for Cipher Pharmaceuticals in the last 12 months, the stock has a consensus rating of "Buy." Out of the 4 analysts, 1 has given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for CPH.

Consensus Price Target

C$13.50
-18.28% Downside
According to the 4 analysts' twelve-month price targets for Cipher Pharmaceuticals, the average price target is C$13.50. The highest price target for CPH is C$19.00, while the lowest price target for CPH is C$8.00. The average price target represents a forecasted downside of -18.28% from the current price of C$16.52.
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CPH Analyst Ratings Over Time

TypeCurrent Forecast
10/26/23 to 10/25/24
1 Month Ago
9/26/23 to 9/25/24
3 Months Ago
7/28/23 to 7/27/24
1 Year Ago
10/26/22 to 10/26/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$13.50C$13.50C$13.50C$13.50
Forecasted Upside-18.28% Downside-18.28% Downside-18.28% Downside-18.28% Downside
Consensus Rating
Buy
Buy
Buy
Buy

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
3.00
2.79
Consensus RatingBuyModerate Buy
News Sentiment Rating
Positive News

See Recent CPH News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/24/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetC$17.00 ➝ C$19.00+17.28%
9/13/2024Leede Financial
0 of 5 stars
D. Loe
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DowngradeStrong-Buy ➝ Hold
8/12/2024Stifel Canada
0 of 5 stars
J. Keywood
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UpgradeHold ➝ Strong-Buy
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 12:05 AM ET.


CPH Forecast - Frequently Asked Questions

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Cipher Pharmaceuticals is C$13.50, with a high forecast of C$19.00 and a low forecast of C$8.00.

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cipher Pharmaceuticals in the last year. There is currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CPH shares.

According to analysts, Cipher Pharmaceuticals's stock has a predicted downside of -18.28% based on their 12-month stock forecasts.

Over the previous 90 days, Cipher Pharmaceuticals's stock had 2 upgrades and 1 downgrade by analysts.

Cipher Pharmaceuticals has been rated by research analysts at Leede Financial, Stifel Canada, and Stifel Nicolaus in the past 90 days.

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


This page (TSE:CPH) was last updated on 10/25/2024 by MarketBeat.com Staff
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