Protagonist Therapeutics Inc (PTGX)

[ok2buy]

For investors, the following information:
From Refinitiv stock reports (Sept.24/21), they quote amongst 8 analysts polled, a 12 month price target, Low - $18.00, High - $93.00, with a Mean - $44.30.

JMP Securities (Sept. 22/21) reduced their target from $55.00 to $47.00.

From Morningstar (Sept. 24/21), PTGX is reported to be held at a level of 100 % by Institutional investors.

If you are a retail investor and are lucky enough to have grabbed some shares, in my opinion it may be wise to hold. Please do your own dd!

If we look at Friday's close @ $18.81 and compare that to the Refinitv Mean price target, you are looking at an increase of $44.30/$18.81 = 235.5 %.

The current 52 week high that is listed for the stock is $50.54, that would be an increase on Fridays' close, $50.54/$18.81 = 268.7 %.

Finally, pie in the sky, the high end of analyst estimates is $93.00/share, that would be an increase on Friday's close, $93.00/$18.81 = 494.4 %.

As always, please do your own due diligence. My personal opinion, is that there is still $$ to be made on this one! Good luck to all investors, but especially the retail investors. And remember, Institutional investors don't like to lose their money! Best of luck./ok2