Analyst Price Target is $17.33
▲ +281.79% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Quoin Pharmaceuticals in the last 3 months. The average price target is $17.33, with a high forecast of $20.00 and a low forecast of $14.00. The average price target represents a 281.79% upside from the last price of $4.54.
Current Consensus is
Moderate Buy
The current consensus among 5 polled investment analysts is to moderate buy stock in Quoin Pharmaceuticals. This rating changed within the last month from a Hold consensus rating.
Quoin Pharmaceuticals, Ltd., a clinical stage specialty pharmaceutical company, focuses on the development and commercialization of therapeutic products for rare and orphan diseases. Its lead product is QRX003, a topical lotion to treat Netherton Syndrome (NS). The company is also developing QRX004 for the treatment of recessive dystrophic epidermolysis bullosa; QRX007 to treat NS; and QRX008 for the treatment of scleroderma. It has a research agreement with Queensland University of Technology; a license agreement with Skinvisible Inc.; consulting agreements with Axella Research LLC; and a Master Service Agreement with Therapeutics Inc. The company was founded in 2018 and is based in Ashburn, Virginia.
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