Core Viewpoint - Kamada (KMDA) shares have shown a 1.2% increase over the past four weeks, closing at $6.92, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $14.75, representing a 113.2% upside [1] Price Targets - The average price targets from analysts range from a low of $11.00 to a high of $20.00, with a standard deviation of $3.86, indicating a potential increase of 59% to 189% from the current price level [2] - A low standard deviation suggests a greater agreement among analysts regarding the price targets, which can be a useful indicator for further research [2][9] Analyst Sentiment - Analysts have shown increasing optimism regarding Kamada's earnings prospects, with a strong consensus in revising EPS estimates higher, which correlates with potential stock price movements [4][11] - Over the last 30 days, one estimate has increased while there were no negative revisions, leading to a 4.4% increase in the Zacks Consensus Estimate for the current year [12] Zacks Rank - Kamada currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential upside in the near term [13] Conclusion on Price Targets - While the consensus price target may not be a reliable measure of the extent of potential gains, it does provide a directional guide for price movement [14]
Wall Street Analysts Believe Kamada (KMDA) Could Rally 113.15%: Here's is How to Trade