▲ +52.92% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Mersana Therapeutics in the last 3 months. The average price target is $27.80, with a high forecast of $33.00 and a low forecast of $20.00. The average price target represents a 52.92% upside from the last price of $18.18.
The current consensus among 6 polled investment analysts is to buy stock in Mersana Therapeutics. This Buy consensus rating has held steady for over two years.
Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company focusing on the development of antibody drug conjugate (ADC) for cancer patients with unmet need. The company develops Dolaflexin, a platform, which is used to generate a pipeline of proprietary ADC product candidates to address patient populations that are not amenable to treat with traditional ADC-based therapies. Its lead product candidate is XMT-1536, a Dolaflexin ADC targeting NaPi2b that is in Phase I clinical trial for the treatment of patients with ovarian cancer, non small cell lung cancer, and other orphan indications. Mersana Therapeutics, Inc. has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is based in Cambridge, Massachusetts.