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Royalty Pharma (RPRX) Stock Forecast & Price Target

$28.70
-0.37 (-1.27%)
(As of 09/6/2024 ET)

Royalty Pharma - 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 5 Wall Street analysts who have issued ratings for Royalty Pharma in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for RPRX.

Consensus Price Target

$42.00
46.34% Upside
High Forecast$51.00
Average Forecast$42.00
Low Forecast$28.00

According to the 5 analysts' twelve-month price targets for Royalty Pharma, the average price target is $42.00. The highest price target for RPRX is $51.00, while the lowest price target for RPRX is $28.00. The average price target represents a forecasted upside of 46.34% from the current price of $28.70.

TypeCurrent 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
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$42.00$41.80$43.00$53.25
Forecasted Upside46.34% Upside45.62% Upside48.19% Upside46.08% Upside
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RPRX 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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RPRX 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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Royalty Pharma Stock vs. The Competition

TypeRoyalty PharmaFinance CompaniesS&P 500
Consensus Rating Score
2.80
2.46
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside46.34% Upside40.24% Upside11.35% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/14/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$50.00 ➝ $51.00+89.87%
7/11/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$48.00 ➝ $51.00+90.65%
6/3/2024UBS Group
4 of 5 stars
 DowngradeBuy ➝ Neutral$28.00+2.83%
4/12/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$40.00 ➝ $38.00+30.81%
2/20/2024JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$45.00 ➝ $42.00+39.21%
4/6/2023Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$57.00 ➝ $60.00+64.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:03 PM ET.

RPRX Forecast - Frequently Asked Questions

What is Royalty Pharma's forecast for 2024?

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Royalty Pharma is $42.00, with a high forecast of $51.00 and a low forecast of $28.00.

Should I buy or sell Royalty Pharma stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royalty Pharma in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RPRX shares.

Does Royalty Pharma's stock price have much upside?

According to analysts, Royalty Pharma's stock has a predicted upside of 49.94% based on their 12-month stock forecasts.

What analysts cover Royalty Pharma?

Royalty Pharma has been rated by research analysts at Morgan Stanley, and The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like Royalty Pharma more than its competitors?

Analysts like Royalty Pharma more than other "finance" companies. The consensus rating for Royalty Pharma is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how RPRX compares to other companies.


This page (NASDAQ:RPRX) was last updated on 9/7/2024 by MarketBeat.com Staff

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