Analysts predict Zura Bio Ltd (ZURA) stock to reach $9 in the next 12 months

Kevin Freeman

Zura Bio Ltd [ZURA] stock is trading at $5.55, up 5.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZURA shares have gain 23.33% over the last week, with a monthly amount glided 58.12%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Zura Bio Ltd [NASDAQ: ZURA] stock has seen the most recent analyst activity on November 04, 2024, when Leerink Partners initiated its Outperform rating and assigned the stock a price target of $15. Previously, H.C. Wainwright started tracking the stock with Neutral rating on September 05, 2024, and set its price target to $5. On May 03, 2024, Piper Sandler initiated with an Overweight rating and assigned a price target of $26 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $10 on October 10, 2023. Oppenheimer initiated its recommendation with an Outperform and recommended $17 as its price target on August 25, 2023. Guggenheim started tracking with a Buy rating for this stock on June 22, 2023, and assigned it a price target of $20. In a note dated June 14, 2023, Chardan Capital Markets initiated a Buy rating and provided a target price of $14 on this stock.

Zura Bio Ltd [ZURA] stock has fluctuated between $0.97 and $5.62 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Zura Bio Ltd [NASDAQ: ZURA] shares were valued at $5.55 at the most recent close of the market. An investor can expect a potential return of 62.16% based on the average ZURA price forecast.

Analyzing the ZURA fundamentals

Gross Profit Margin for this corporation currently stands at -9.5% with Operating Profit Margin at -36283.5%, Pretax Profit Margin comes in at -32550.0%, and Net Profit Margin reading is -33548.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.47, Equity is -0.52 and Total Capital is -0.61.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.19 points at the first support level, and at 4.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.83, and for the 2nd resistance point, it is at 6.11.

Ratios To Look Out For

For context, Zura Bio Ltd’s Current Ratio is 5.58. In addition, the Quick Ratio stands at 5.58 and the Cash Ratio stands at 5.45.

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