Analyst Price Target is $32.50
▲ +1,931.25% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Artelo Biosciences in the last 3 months. The average price target is $32.50, with a high forecast of $60.00 and a low forecast of $5.00. The average price target represents a 1,931.25% upside from the last price of $1.60.
Current Consensus is
The current consensus among 2 polled investment analysts is to buy stock in Artelo Biosciences. This Buy consensus rating has held steady for over two years.
Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on developing and commercializing treatments to modulate the endocannabinoid system. Its product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment of inflammatory bowel disease and post-traumatic stress disorder (PTSD); and ART26.12, a fatty acid binding protein 5 inhibitor for treating breast and prostate cancer, neuropathic and nociceptive pain, and anxiety disorders, including PTSD. The company was formerly known as Reactive Medical, Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.