NASDAQ:LEGN - Legend Biotech Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $50.50
  • Forecasted Upside: 29.32 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$39.05
▲ +1.06 (2.79%)

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Analyst Price Target for LEGN

Analyst Price Target is $50.50
▲ +29.32% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Legend Biotech in the last 3 months. The average price target is $50.50, with a high forecast of $55.00 and a low forecast of $47.00. The average price target represents a 29.32% upside from the last price of $39.05.

This chart shows the closing price for LEGN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 polled investment analysts is to buy stock in Legend Biotech.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/17/2021BTIG ResearchInitiated CoverageBuy$55.00High
4/19/2021Morgan StanleyLower Price TargetOverweight$55.00 ➝ $50.00Low
1/20/2021JPMorgan Chase & Co.Reiterated RatingBuyHigh
8/11/2020Jefferies Financial GroupReiterated RatingBuy$47.00Low
7/1/2020Jefferies Financial GroupInitiated CoverageBuy$47.00High
7/1/2020JPMorgan Chase & Co.Initiated CoverageOverweight$50.00High
6/30/2020Morgan StanleyInitiated CoverageOverweight$55.00High
(Data available from 6/21/2016 forward)
Legend Biotech logo
Legend Biotech Corporation, a clinical-stage biopharmaceutical company, through its subsidiaries, engages in the discovery and development of novel cell therapies for oncology and other indications in North America and internationally. Its lead product candidate, LCAR- B38M, is a chimeric antigen receptor for the treatment of multiple myeloma (MM), as well as a comparison of the treatment with standard triplet therapy in relapsed and refractory multiple myeloma. The company also has a portfolio of earlier-stage autologous product candidates targeting various cancers, including non-hodgkins lymphoma (NHL), acute myeloid leukemia, and T cell lymphoma. In addition, it is developing allogeneic CAR-T product candidates targeting CD20 for the treatment of NHL and targeting B-cell maturation antigen for the treatment of MM, which are currently in an investigator-initiated Phase 1 clinical trial in China. Further, the company has product candidates in early preclinical and clinical development for the treatment of solid tumors as well as infectious diseases. Legend Biotech Corporation was founded in 2014 and is based in Somerset, New Jersey. Legend Biotech Corporation is a subsidiary of Genscript Biotech Corporation.
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Today's Range

Now: $39.05
Low: $37.65
High: $39.58

50 Day Range

MA: $33.63
Low: $25.80
High: $41.09

52 Week Range

Now: $39.05
Low: $23.41
High: $43.24

Volume

676,273 shs

Average Volume

443,415 shs

Market Capitalization

$5.19 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Legend Biotech?

The following Wall Street analysts have issued stock ratings on Legend Biotech in the last twelve months: BTIG Research, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, and Zacks Investment Research.
View the latest analyst ratings for LEGN.

What is the current price target for Legend Biotech?

4 Wall Street analysts have set twelve-month price targets for Legend Biotech in the last year. Their average twelve-month price target is $50.50, suggesting a possible upside of 29.3%. BTIG Research has the highest price target set, predicting LEGN will reach $55.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $47.00 for Legend Biotech in the next year.
View the latest price targets for LEGN.

What is the current consensus analyst rating for Legend Biotech?

Legend Biotech currently has 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe LEGN will outperform the market and that investors should add to their positions of Legend Biotech.
View the latest ratings for LEGN.

What other companies compete with Legend Biotech?

How do I contact Legend Biotech's investor relations team?

Legend Biotech's physical mailing address is 2101 COTTONTAIL LANE, SOMERSET NJ, 08873. The company's listed phone number is 732-317-5050 and its investor relations email address is [email protected] The official website for Legend Biotech is www.legendbiotech.com.