Galapagos (GLPG) Stock Forecast & Price Target

$27.58

-0.59 (-2.09%)

(As of 09/6/2024 ET)

Galapagos - 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

Reduce
Based on 3 Analyst Ratings

Based on 3 Wall Street analysts who have issued ratings for Galapagos in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 3 analysts, 1 has given a sell rating, and 2 have given a hold rating for GLPG.

Consensus Price Target

$34.50
25.09% Upside

High Forecast	$38.00
Average Forecast	$34.50
Low Forecast	$31.00

According to the 3 analysts' twelve-month price targets for Galapagos, the average price target is $34.50. The highest price target for GLPG is $38.00, while the lowest price target for GLPG is $31.00. The average price target represents a forecasted upside of 25.09% from the current price of $27.58.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Reduce	Reduce	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	7 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$34.50	$34.50	$34.50	$43.40
Forecasted Upside	25.09% Upside	10.70% Upside	10.70% Upside	4.82% Upside

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GLPG 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.

GLPG 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.

Galapagos Stock vs. The Competition

Type	Galapagos	Medical Companies	S&P 500
Consensus Rating Score	1.67	2.77	2.51
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	25.09% Upside	1,206.56% Upside	11.36% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/2/2024	Raymond James 4 of 5 stars	S. Mccutcheon Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform
4/22/2024	Morgan Stanley 3 of 5 stars		Reiterated Rating	Equal Weight ➝ Equal Weight	$38.00 ➝ $38.00	+29.34%
3/28/2024	Bank of America 4 of 5 stars		Reiterated Rating	Neutral ➝ Underperform	$41.00 ➝ $31.00	-5.92%
8/24/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
5/31/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/31/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral
2/27/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	$53.00 ➝ $43.00	+12.57%
1/23/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Hold	$49.00 ➝ $47.20	+3.01%
12/5/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	€65.00 ➝ €50.00
11/11/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		€50.00 ➝ €40.00
10/14/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	€60.00 ➝ €50.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:41 PM ET.

GLPG Forecast - Frequently Asked Questions

What is Galapagos' forecast for 2024?: According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for Galapagos is $34.50, with a high forecast of $38.00 and a low forecast of $31.00.
Should I buy or sell Galapagos stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Galapagos in the last twelve months. There is currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" GLPG shares.
Does Galapagos's stock price have much upside?: According to analysts, Galapagos's stock has a predicted upside of 10.70% based on their 12-month stock forecasts.
Has Galapagos been downgraded by Wall Street analysts recently?: Over the previous 90 days, Galapagos's stock had 1 downgrade by analysts.
What analysts cover Galapagos?: Galapagos has been rated by research analysts at Raymond James in the past 90 days.
Do Wall Street analysts like Galapagos more than its competitors?: Analysts like Galapagos less than other "medical" companies. The consensus rating for Galapagos is Reduce while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how GLPG compares to other companies.