Edesa Biotech Inc Stock Forecast, Predictions & Price Target

Analyst price target for EDSA

Based on 1 analyst offering 12 month price targets for Edesa Biotech Inc.
Min Forecast
Avg Forecast
Max Forecast

Should I buy or sell EDSA stock?

Based on 1 analyst offering ratings for Edesa Biotech Inc.
Strong Buy
0 analysts 0%
1 analysts 100%
0 analysts 0%
0 analysts 0%
Strong Sell
0 analysts 0%

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EDSA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Top 21%

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EDSA vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus

Edesa Biotech Stock Forecast FAQ

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.

If you're new to stock investing, here's how to buy Edesa Biotech stock.

What is EDSA's Price Target?

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.
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