Is Edesa Biotech Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: EDSA) stock is to Buy EDSA stock.
Out of 1 analyst, 0 (0%) are recommending EDSA as a Strong Buy, 1 (100%) are recommending EDSA as a Buy, 0 (0%) are recommending EDSA as a Hold, 0 (0%) are recommending EDSA as a Sell, and 0 (0%) are recommending EDSA as a Strong Sell.
According to 1 Wall Street analyst that have issued a 1 year EDSA price target, the average EDSA price target is $16.00, with the highest EDSA stock price forecast at $16.00 and the lowest EDSA stock price forecast at $16.00.
The Wall Street analyst predicted that Edesa Biotech's share price could reach $16.00 by Mar 15, 2024. The average Edesa Biotech stock price prediction forecasts a potential upside of 1,445.89% from the current EDSA share price of $1.04.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.