NASDAQ:MREO - Mereo BioPharma Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $8.67
  • Forecasted Upside: 1,563.47 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$0.52
▲ +0.04 (8.32%)

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

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Analyst Price Target for MREO

Analyst Price Target is $8.67
▲ +1,563.47% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Mereo BioPharma Group in the last 3 months. The average price target is $8.67, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 1,563.47% upside from the last price of $0.52.

This chart shows the closing price for MREO 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 3 polled investment analysts is to buy stock in Mereo BioPharma Group.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/4/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/2/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/31/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/29/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/27/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/28/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/13/2022BTIG ResearchReiterated RatingBuy$8.00Medium
4/1/2022SVB LeerinkReiterated RatingBuy$8.00Medium
2/17/2022SVB LeerinkReiterated RatingOutperformN/A
12/13/2021Needham & Company LLCReiterated RatingBuy$10.00High
5/5/2021BTIG ResearchInitiated CoverageBuy$10.00High
4/5/2021Needham & Company LLCInitiated CoverageBuy$10.00Low
10/10/2019SVB LeerinkReiterated RatingOutperformHigh
(Data available from 5/28/2017 forward)

News Sentiment Rating

1.02 (Buy)

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

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Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/30/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/29/2021
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/29/2021
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/28/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/27/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/29/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/28/2022

Current Sentiment

  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mereo BioPharma Group logo
Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom and internationally. Its lead product candidate, etigilimab (OMP-313M32), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumor. The company is also developing Navicixizumab (OMP-305B83), which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Acumapimod (BCT-197), a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease; and Leflutrozole (BGS-649), an oral aromatase inhibitor for the treatment of hypogonadotropic hypogonadism. In addition, it develops rare disease product candidates, including Setrusumab (BPS-804), a novel antibody for the treatment of osteogenesis imperfecta; and Alvelestat (MPH-966), an oral small molecule that is in Phase II clinical trial to treat Alpha-1 antitrypsin deficiency. The company has a collaboration with The University of Texas MD Anderson Cancer Center to evaluate anti-TIGIT therapeutic antibody candidate, etigilimab. Mereo BioPharma Group plc was incorporated in 2015 and is based in London, the United Kingdom.
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Today's Range

Now: $0.52
Low: $0.46
High: $0.54

50 Day Range

MA: $0.78
Low: $0.33
High: $1.42

52 Week Range

Now: $0.52
Low: $0.30
High: $3.75

Volume

1,227,605 shs

Average Volume

816,415 shs

Market Capitalization

$60.95 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2

Frequently Asked Questions

What sell-side analysts currently cover shares of Mereo BioPharma Group?

The following Wall Street research analysts have issued stock ratings on Mereo BioPharma Group in the last year: BTIG Research, Needham & Company LLC, SVB Leerink LLC, and Zacks Investment Research.
View the latest analyst ratings for MREO.

What is the current price target for Mereo BioPharma Group?

0 Wall Street analysts have set twelve-month price targets for Mereo BioPharma Group in the last year. Their average twelve-month price target is $8.67, suggesting a possible upside of 1,563.5%.
View the latest price targets for MREO.

What is the current consensus analyst rating for Mereo BioPharma Group?

Mereo BioPharma Group currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MREO will outperform the market and that investors should add to their positions of Mereo BioPharma Group.
View the latest ratings for MREO.

How do I contact Mereo BioPharma Group's investor relations team?

Mereo BioPharma Group's physical mailing address is ONE CAVENDISH PLACE FOURTH FLOOR, LONDON X0, W1G0QF. The company's listed phone number is 44-33-3023-7300 and its investor relations email address is [email protected] The official website for Mereo BioPharma Group is www.mereobiopharma.com. Learn More about contacing Mereo BioPharma Group investor relations.