WallStreetZenWallStreetZen

NASDAQ: EDSA
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
$16.00+1,445.89%
Avg Forecast
$16.00+1,445.89%
Max Forecast
$16.00+1,445.89%

Should I buy or sell EDSA stock?

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

Be the first to know when Wall Street analysts revise their EDSA stock forecasts and price targets.

EDSA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
HC Wainwright & Co.
Top 21%
80
BuyReiterates$16.00+1,445.89%2023-03-15

1 of 1

EDSA vs Biotech Stocks

TickerPricePrice TargetUp/downsideConsensus
EDSA$1.04$16.00+1,445.89%Buy
FBRX$0.98N/AN/A
BIOR$2.67N/AN/A
LSDI$1.24N/AN/A
SABS$0.47$4.00+752.88%Buy

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.
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.