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HUTCHMED (China) Analyst Ratings

Benzinga ·  Jul 24, 2023 09:52
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
07/24/2023 281.02% Cantor Fitzgerald → $50 Reiterates Overweight → Overweight
08/09/2022 21.93% Goldman Sachs $14 → $16 Maintains Neutral
08/02/2022 6.69% Goldman Sachs $16 → $14 Maintains Neutral
09/22/2021 250.54% Goldman Sachs → $46 Downgrades Buy → Neutral
08/03/2021 296.27% Jefferies → $52 Initiates Coverage On → Buy
03/13/2020 Cantor Fitzgerald Initiates Coverage On → Overweight
02/20/2020 189.58% Goldman Sachs → $38 Initiates Coverage On → Buy
11/19/2019 CLSA Initiates Coverage On → Buy
10/23/2019 B of A Securities Reinstates → Buy
03/04/2019 Deutsche Bank Initiates Coverage On → Buy

What is the target price for HUTCHMED (China) (HCM)?

The latest price target for HUTCHMED (China) (NASDAQ: HCM) was reported by Cantor Fitzgerald on July 24, 2023. The analyst firm set a price target for $50.00 expecting HCM to rise to within 12 months (a possible 281.02% upside). 3 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for HUTCHMED (China) (HCM)?

The latest analyst rating for HUTCHMED (China) (NASDAQ: HCM) was provided by Cantor Fitzgerald, and HUTCHMED (China) reiterated their overweight rating.

When is the next analyst rating going to be posted or updated for HUTCHMED (China) (HCM)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of HUTCHMED (China), and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for HUTCHMED (China) was filed on July 24, 2023 so you should expect the next rating to be made available sometime around July 24, 2024.

Is the Analyst Rating HUTCHMED (China) (HCM) correct?

While ratings are subjective and will change, the latest HUTCHMED (China) (HCM) rating was a reiterated with a price target of $0.00 to $50.00. The current price HUTCHMED (China) (HCM) is trading at is $13.12, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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