Chardan Capital analyst Michael Morabito reiterated a Buy rating on Akero Therapeutics (NASDAQ:AKRO) Inc on Thursday, setting a price target of $79, which is approximately 156.91% above the present share price of $30.75.
Morabito expects Akero Therapeutics Inc to post earnings per share (EPS) of -$0.63 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Akero Therapeutics, with an average price target of $71.5.
The analysts price targets range from a high of $79 to a low of $64.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $0 and a net profit of -$21.54 million. The company's market cap is $1.07 billion.
According to TipRanks.com, Chardan Capital analyst Michael Morabito is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of 0.1% and a 48.72% success rate.
Akero Therapeutics, Inc. operates as a biotechnology company. The firm specializes in transformational treatments for non-alcoholic steatohepatitis (NASH) and other serious metabolic diseases. The company was founded by Jonathan Young and Timothy Rolph on January 24, 2017 and is headquartered in South San Francisco, CA.