Jefferies has commenced its coverage of Indivior (INDV, Financial) by assigning a Buy rating and setting a $20 price target. Analysts from the firm anticipate a favorable future for the company as expectations are recalibrated after a challenging 2024. The focus is on Sublocade, Indivior's key product, which is projected to resume its growth trajectory. However, current consensus estimates might be underestimating Indivior's potential for earnings, according to the research note shared with investors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Indivior PLC (INDV, Financial) is $19.00 with a high estimate of $22.00 and a low estimate of $13.00. The average target implies an upside of 21.79% from the current price of $15.60. More detailed estimate data can be found on the Indivior PLC (INDV) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Indivior PLC's (INDV, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Indivior PLC (INDV, Financial) in one year is $22.50, suggesting a upside of 44.23% from the current price of $15.6. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Indivior PLC (INDV) Summary page.
