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Cardiol Therapeutics (CRDL) Stock Forecast & Price Target

C$3.26
+0.22 (+7.24%)
(As of 07/23/2024 ET)

Cardiol 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 1 Wall Street analysts who have issued ratings for Cardiol Therapeutics in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for CRDL.

Consensus Price Target

N/A

According to the 1 analysts' twelve-month price targets for Cardiol Therapeutics,

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Buy
Buy
Buy
Hold
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)
0 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 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 TargetN/AN/AN/AC$1.00
Forecasted UpsideN/AN/AN/A29.87% Upside
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CRDL 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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CRDL 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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Cardiol Therapeutics Stock vs. The Competition

TypeCardiol TherapeuticsMedical Companies
Consensus Rating Score
3.00
2.72
Consensus RatingBuyModerate Buy
News Sentiment RatingPositive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/22/2024HC Wainwright
3 of 5 stars
 Reiterated RatingBuy
11/8/2022Raymond James
4 of 5 stars
 Lower TargetMarket PerformC$3.00 ➝ C$1.00+29.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:15 AM ET.

CRDL Forecast - Frequently Asked Questions

Should I buy or sell Cardiol Therapeutics stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cardiol Therapeutics in the last year. There is currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CRDL shares.

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

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


This page (TSE:CRDL) was last updated on 7/24/2024 by MarketBeat.com Staff

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