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MEI Pharma (MEIP) Stock Forecast & Price Target

MEI Pharma logo
$2.44 +0.06 (+2.52%)
(As of 12/27/2024 05:16 PM ET)

MEI Pharma - Analysts' Recommendations and Stock Price Forecast (2025)

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
3
Buy
0

Based on 3 Wall Street analysts who have issued ratings for MEI Pharma in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 3 have given a hold rating for MEIP.

Consensus Price Target

$7.00
186.89% Upside
According to the 3 analysts' twelve-month price targets for MEI Pharma, the average price target is $7.00. The highest price target for MEIP is $7.00, while the lowest price target for MEIP is $7.00. The average price target represents a forecasted upside of 186.89% from the current price of $2.44.
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MEIP Analyst Ratings Over Time

TypeCurrent Forecast
12/30/23 to 12/29/24
1 Month Ago
11/30/23 to 11/29/24
3 Months Ago
10/1/23 to 9/30/24
1 Year Ago
12/30/22 to 12/30/23
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
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$7.00$7.00$7.00$24.50
Forecasted Upside186.89% Upside149.11% Upside145.61% Upside322.41% Upside
Consensus Rating
Hold
Hold
Hold
Hold

MEIP 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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MEIP 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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MEI Pharma Stock vs. The Competition

TypeMEI PharmaMedical CompaniesS&P 500
Consensus Rating Score
2.00
2.81
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside186.89% Upside24,181.88% Upside14.07% Upside
News Sentiment Rating
Positive News

See Recent MEIP News
Positive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/23/2024Laidlaw
4 of 5 stars
 DowngradeBuy ➝ Hold
7/22/2024Brookline Capital Management
2 of 5 stars
L. Cann
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DowngradeStrong-Buy ➝ Hold
4/12/2024Stifel Nicolaus
4 of 5 stars
 Reiterated RatingHold ➝ Hold$7.00+102.31%
2/24/2023Piper Sandler
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 DowngradeOverweight ➝ Neutral
2/13/2023HC Wainwright
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A. Fein
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Lower TargetBuy$100.00 ➝ $40.00+599.30%
2/8/2023Jefferies Financial Group
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 DowngradeHold ➝ Underperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:03 AM ET.


MEIP Forecast - Frequently Asked Questions

According to the research reports of 3 Wall Street equities research analysts, the average twelve-month stock price forecast for MEI Pharma is $7.00, with a high forecast of $7.00 and a low forecast of $7.00.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MEI Pharma in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MEIP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MEIP, but not buy additional shares or sell existing shares.

According to analysts, MEI Pharma's stock has a predicted upside of 186.89% based on their 12-month stock forecasts.

Analysts like MEI Pharma less than other "medical" companies. The consensus rating for MEI Pharma is Hold while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how MEIP compares to other companies.


This page (NASDAQ:MEIP) was last updated on 12/29/2024 by MarketBeat.com Staff
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