Mereo Biopharma Group PLC
NASDAQ:MREO

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Mereo Biopharma Group PLC
NASDAQ:MREO
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Price: 3.35 USD 1.82% Market Closed
Market Cap: 515.4m USD
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Wall Street
Price Targets

MREO Price Targets Summary
Mereo Biopharma Group PLC

Wall Street analysts forecast MREO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MREO is 7.1 USD with a low forecast of 5.76 USD and a high forecast of 8.4 USD.

Lowest
Price Target
5.76 USD
72% Upside
Average
Price Target
7.1 USD
112% Upside
Highest
Price Target
8.4 USD
151% Upside

MREO Last Price Targets
Mereo Biopharma Group PLC

The latest public price target was made on Jun 20, 2024 by Joseph Schwartz from Leerink Partners , who expects MREO stock to rise by 139% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Joseph Schwartz
Leerink Partners
8 USD
Upside 139%
6 months ago
Jun 20, 2024
Mereo BioPharma price target raised to $8 from $6 at Leerink
TheFly
Gil Blum
Needham
7 USD
Upside 109%
6 months ago
Jun 12, 2024
Mereo BipPharma Group (MREO) PT Raised to $7 at Needham
StreetInsider
Jack Allen
Robert W. Baird
8 USD
Upside 139%
6 months ago
Jun 12, 2024
Baird Starts Mereo BipPharma Group (MREO) at Outperform
StreetInsider
Gil Blum
Needham
6 USD
Upside 79%
8 months ago
Mar 28, 2024
Mereo BipPharma Group (MREO) PT Raised to $6 at Needham on increased 'launch expectations for setrusumab in OI'
StreetInsider
Joseph Schwartz
Leerink Partners
Price Target 8 USD
Upside/Downside 139%
View Source
Gil Blum
Needham
Price Target 7 USD
Upside/Downside 109%
View Source
Jack Allen
Robert W. Baird
Price Target 8 USD
Upside/Downside 139%
View Source
Gil Blum
Needham
Price Target 6 USD
Upside/Downside 79%
View Source
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Revenue
Forecast

Revenue Estimate
Mereo Biopharma Group PLC

The compound annual growth rate of Mereo Biopharma Group PLC's revenue for the next 4 years is 67%.

N/A
Past Growth
67%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Mereo Biopharma Group PLC

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Net Income
Forecast

Net Income Estimate
Mereo Biopharma Group PLC

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-51%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MREO's stock price target?
Price Target
7.1 USD

According to Wall Street analysts, the average 1-year price target for MREO is 7.1 USD with a low forecast of 5.76 USD and a high forecast of 8.4 USD.

What is Mereo Biopharma Group PLC's Revenue forecast?
Projected CAGR
67%

The compound annual growth rate of Mereo Biopharma Group PLC's revenue for the next 4 years is 67%.

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