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Legend Biotech - LEGN Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $70.14
  • Forecasted Upside: 40.23%
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$50.02 As of 02/7/2023 02:25 PM ET
▲ +0.36 (0.72%)

This chart shows the closing price for LEGN by one month, three months, or twelve months.

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Analyst Price Target for LEGN

Analyst Price Target is $70.14
▲ +40.23% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Legend Biotech in the last 3 months. The average price target is $70.14, with a high forecast of $78.00 and a low forecast of $65.00. The average price target represents a 40.23% upside from the last price of $50.02.

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 10 investment analysts is to buy stock in Legend Biotech. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/16/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/13/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/11/2022
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/9/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/8/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/7/2023

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/25/2023BarclaysBoost TargetOverweight$53.00 ➝ $65.00Low
1/24/2023Morgan StanleyBoost TargetOverweight$60.00 ➝ $65.00Low
12/20/2022Piper SandlerBoost TargetOverweight$72.00 ➝ $78.00Low
12/6/2022JPMorgan Chase & Co.Boost TargetOverweight$61.00 ➝ $65.00Low
12/6/2022UBS GroupInitiated CoverageBuy$66.00Low
11/1/2022Evercore ISIInitiated CoverageOutperformLow
11/1/2022CowenInitiated CoverageOutperformLow
11/1/2022CowenInitiated CoverageOutperformLow
10/31/2022GuggenheimInitiated CoverageNeutralLow
10/13/2022Morgan StanleyLower TargetOverweight$63.00 ➝ $60.00Low
7/15/2022Morgan StanleyBoost TargetOverweight$55.00 ➝ $63.00Low
7/8/2022BMO Capital MarketsReiterated RatingBuy$77.00N/A
6/16/2022BMO Capital MarketsInitiated CoverageOutperform$77.00High
3/15/2022BarclaysInitiated CoverageOverweight$53.00High
3/7/2022Morgan StanleyBoost TargetOverweight$51.00 ➝ $55.00Medium
3/1/2022BTIG ResearchBoost Target$65.00 ➝ $75.00High
1/31/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$51.00High
1/6/2022Morgan StanleyDowngradeOverweight ➝ Equal WeightHigh
12/21/2021Piper SandlerInitiated CoverageOverweight$66.00Medium
10/12/2021Morgan StanleyBoost TargetOverweight$50.00 ➝ $51.00Low
10/8/2021BTIG ResearchBoost TargetBuy$55.00 ➝ $65.00High
6/29/2021JPMorgan Chase & Co.Reiterated RatingBuyLow
5/17/2021BTIG ResearchInitiated CoverageBuy$55.00High
4/19/2021Morgan StanleyLower 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 2/7/2018 forward)

News Sentiment Rating

0.39 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2022
  • 5 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022
  • 3 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/10/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/10/2022
  • 4 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/9/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 3 very negative mentions
Mentions as of
12/9/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/8/2023
  • 4 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/7/2023

Current Sentiment

  • 4 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

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 the United States, China, 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 revlimid-refractory multiple myeloma. The company also has a portfolio of earlier-stage autologous product candidates, which are in Phase I clinical trials for the treatment of gastric cancer and T cell lymphoma. In addition, it is developing CAR-T product candidates targeting CD20/CD22/CD19 for the treatment of non-hodgkins lymphoma, diffuse large B-cell lymphoma, and acute lymphoblastic leukemia. Further, the company has product candidates in early preclinical and clinical development for the treatment of solid tumors as well as infectious diseases. It has collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of ciltacabtagene autoleucel. 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: $50.02
Low: $48.87
High: $50.15

50 Day Range

MA: $51.55
Low: $46.60
High: $57.37

52 Week Range

Now: $50.02
Low: $30.75
High: $57.72

Volume

106,015 shs

Average Volume

739,053 shs

Market Capitalization

$8.21 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: Barclays PLC, BMO Capital Markets, BTIG Research, Cowen Inc, Cowen Inc., Evercore ISI, Guggenheim, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, and UBS Group AG.
View the latest analyst ratings for LEGN.

What is the current price target for Legend Biotech?

7 Wall Street analysts have set twelve-month price targets for Legend Biotech in the last year. Their average twelve-month price target is $70.14, suggesting a possible upside of 41.4%. Piper Sandler has the highest price target set, predicting LEGN will reach $78.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $65.00 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 1 hold rating and 9 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?

Other companies that are similar to Legend Biotech include Dr. Reddy's Laboratories, Organon & Co., Catalent, Jazz Pharmaceuticals and Ascendis Pharma A/S. Learn More about companies similar to 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. Learn More about contacing Legend Biotech investor relations.