Analyst Price Target is $16.50
▲ +78.96% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Elanco Animal Health in the last 3 months. The average price target is $16.50, with a high forecast of $22.00 and a low forecast of $12.00. The average price target represents a 78.96% upside from the last price of $9.22.
Current Consensus is
Hold
The current consensus among 7 polled investment analysts is to hold stock in Elanco Animal Health. This rating has held steady since May 2022, when it changed from a Buy consensus rating.
Elanco Animal Health, Inc. innovates, develops, manufactures, and markets products for pets and farm animals. It offers products through the following four categories: Companion Animal Disease Prevention, Companion Animal Therapeutics, Food Animal Future Protein & Health, and Food Animal Ruminants & Swine. The Companion Animal Disease Prevention category engages in the broadest parasiticide portfolios in the companion animal sector based on indications, species and formulations, with products that protect pets from worms, fleas and ticks. The Companion Animal Therapeutics category provides the details of a broad pain and osteoarthritis portfolio across species, modes of action, indications and disease stages. The Food Animal Future Protein & Health category includes vaccines, nutritional enzymes and animal-only antibiotics, serves the growing demand for protein and includes innovative products in poultry and aquaculture production, where demand for animal health products is outpacing overall industry growth. It also focuses on developing functional nutritional health products that promote food animal health, including enzymes, probiotics and prebiotics. The Food Animal Ruminants &
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