Seeing Is Believing
RDY is currently covered by 1 analysts with an average price target of $21.46. This is a potential upside of $6.37 (42.21%) from yesterday's end of day stock price of $15.09.
Dr. Reddy’s Laboratories Ltd ADR's activity chart (see below) currently has 12 price targets and 12 ratings on display. The stock rating distribution of RDY is 100% BUY.
Analysts average stock forecasts to be materialized ratio is 90% with an average time for these price targets to be met of 331 days.
Highest price target for RDY is $87, Lowest price target is $87, average price target is $21.46.
Most recent stock forecast was given by BALAJI PRASAD from BARCLAYS on 30-Jul-2024. First documented stock forecast 02-Feb-2021.
Currently out of the existing stock ratings of RDY, 4 are a BUY (100%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$87
$12.73 (17.14%)
$81
3 months 9 days ago
(30-Jul-2024)
9/10 (90%)
$6.37 (7.90%)
331
What is RDY (Dr. Reddy’s Laboratories Ltd ADR) average time for price targets to be met?
Which analyst has the current highest performing score on RDY (Dr. Reddy’s Laboratories Ltd ADR) with a proven track record?
Which analyst has the most public recommendations on RDY (Dr. Reddy’s Laboratories Ltd ADR)?
Which analyst is the currently most bullish on RDY (Dr. Reddy’s Laboratories Ltd ADR)?