Analyst Price Target is $45.25
▲ +478.64% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Cybin in the last 3 months. The average price target is $45.25, with a high forecast of $95.00 and a low forecast of $16.00. The average price target represents a 478.64% upside from the last price of $7.82.
Current Consensus is
Buy
The current consensus among 5 polled investment analysts is to buy stock in Cybin. This Buy consensus rating has held steady for over two years.
Cybin Inc., a biopharmaceutical company, focuses on developing psychedelic-based therapeutics. The company's development pipeline includes CYB003, a deuterated psilocybin analog to treat major depressive and alcohol use disorders; CYB004, a deuterated dimethyltryptamine for treating anxiety disorders; and CYB005, a discovery-phase phenethylamine derivative to treat neuroinflammation and psychiatric conditions. It has also developed EMBARK, a psychedelic-assisted psychotherapy. The company is headquartered in Toronto, Canada.
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