Core Viewpoint - Delcath Systems, Inc. (DCTH) has shown a significant price increase of 26.8% over the past four weeks, with analysts projecting a mean price target of $21, indicating a potential upside of 197.9% from the current price of $7.05 [1] Price Targets and Analyst Consensus - The average price target for DCTH ranges from a low of $16 to a high of $25, with a standard deviation of $3.74, suggesting a high degree of agreement among analysts [2] - The lowest estimate indicates a potential increase of 127%, while the most optimistic estimate points to a 254.6% upside [2] - A low standard deviation indicates strong consensus among analysts regarding the stock's price movement direction and magnitude [7] Earnings Estimates and Upside Potential - Analysts have shown increasing optimism about DCTH's earnings prospects, as evidenced by a positive trend in earnings estimate revisions [9] - The Zacks Consensus Estimate for the current year has increased by 13.8% over the past month, with no negative revisions [10] - DCTH holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11]
Does Delcath Systems (DCTH) Have the Potential to Rally 197.87% as Wall Street Analysts Expect?