Analyst Price Target is $7.67
▲ +436.13% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Cellectar Biosciences in the last 3 months. The average price target is $7.67, with a high forecast of $12.00 and a low forecast of $4.00. The average price target represents a 436.13% upside from the last price of $1.43.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in Cellectar Biosciences. This Buy consensus rating has held steady for over two years.
Cellectar Biosciences, Inc. engages in the development of phospholipid drug conjugates (PDCs) for the treatment and imaging of cancer. Its portfolio includes CLR 131, which seeks to treat relapse or refractory multiple myeloma, CLR 125, which intends to treat micro metastatic disease, CLR 124 which could detect tumors and metastases in a broad range of cancers and CLR 1502, a cancer-targeting near-infrared-fluorophore optical imaging PDC for intraoperative tumor and tumor margin illumination. The company was founded in June 1996 and is headquartered in Florham Park, NJ.