Rigel Pharmaceuticals Stock Target Price and Analyst Consensus

RIGL Stock  USD 26.04  1.00  3.99%   
The current analyst and expert consensus on Rigel Pharmaceuticals is Buy with 4 hold recommendations. The current projected Rigel Pharmaceuticals target price consensus is 4.17 with 6 analyst opinions. One of the most common ways Rigel Pharmaceuticals analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Rigel Pharmaceuticals vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Rigel Pharmaceuticals. We strongly encourage you to use your own analysis of Rigel Pharmaceuticals to validate this buy or sell advice. Rigel Pharmaceuticals recommendation module provides expert sentiment on the projected Rigel Pharmaceuticals target price to derive its highest and lowest estimates based on target price standard deviation of 6.7814.
Lowest Forecast
3.79
Highest Forecast
4.63
Target Price
4.17
At this time, Rigel Pharmaceuticals' Gross Profit is quite stable compared to the past year. Gross Profit Margin is expected to rise to 0.99 this year, although the value of Pretax Profit Margin will most likely fall to (0.23). At this time, Rigel Pharmaceuticals' Non Currrent Assets Other are quite stable compared to the past year. Net Receivables is expected to rise to about 32.1 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 974.7 K.
  
It's important to approach Rigel Pharmaceuticals' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Rigel Pharmaceuticals price targets

Rigel Pharmaceuticals' stock target price is an estimate of its future price, usually made by analysts. Using Rigel Pharmaceuticals' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Rigel Pharmaceuticals' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Rigel Pharmaceuticals' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Rigel Pharmaceuticals Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Rigel Pharmaceuticals is a key component of Rigel Pharmaceuticals valuation and have some predictive power on the future returns of a Rigel Pharmaceuticals.
Hype
Prediction
LowEstimatedHigh
19.7026.4833.26
Details
Intrinsic
Valuation
LowRealHigh
10.0216.8028.64
Details
Naive
Forecast
LowNextHigh
17.6524.4331.21
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.020.060.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Rigel Pharmaceuticals. Your research has to be compared to or analyzed against Rigel Pharmaceuticals' peers to derive any actionable benefits. When done correctly, Rigel Pharmaceuticals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Rigel Pharmaceuticals.

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When determining whether Rigel Pharmaceuticals is a strong investment it is important to analyze Rigel Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rigel Pharmaceuticals' future performance. For an informed investment choice regarding Rigel Stock, refer to the following important reports:
Check out Macroaxis Advice on Rigel Pharmaceuticals to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Rigel Stock please use our How to buy in Rigel Stock guide.
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