Shares of Galapagos NV (GLPG) recently surpassed the average 12-month analyst target price of $32.50, trading at $32.57 per share. Analysts are now faced with the decision to either downgrade on valuation or adjust the target price upward due to positive business developments. Currently, five analysts contribute to the average, with targets ranging from a low of $22.00 to a high of $40.50, revealing a standard deviation of $7.92.
The latest analyst ratings for Galapagos NV indicate one strong buy, two sell ratings, and three strong sell ratings, resulting in an average rating of 3.52 out of 5, where 1 is a strong buy and 5 is a strong sell. This data suggests a cautious outlook as investors evaluate whether the stock has further upside or if it is time to reconsider their position.
