
MREO Stock Forecast & Price Target
MREO Analyst Ratings
Bulls say
Mereo BioPharma Group has developed a solid portfolio of late-stage clinical product candidates, particularly with setrusumab and alvelestat, which target significant unmet needs in rare diseases. The correlation between improved bone mineral density (BMD) and reduced fracture rates, specifically with setrusumab showing a 22% increase in BMD during Phase II trials, supports a positive outlook for clinical outcomes. Although challenges remain, particularly highlighted by recent interim results, the substantial powering for the final analysis indicates continued confidence in the potential effectiveness of these therapies.
Bears say
The financial outlook for Mereo BioPharma Group PLC reflects increased uncertainty surrounding the launch timing of its lead product candidate, setrusumab, for the treatment of osteogenesis imperfecta (OI), contributing to a revised price target of $5. Despite an unchanged view on the ultimate likelihood of success for setrusumab, the adjustment indicates potential financial pressure and risk for the company. Additionally, the ongoing pressures suggest that Mereo may face challenges in maintaining investor confidence amidst these developments.
This aggregate rating is based on analysts' research of Mereo Biopharma Group Plc - ADR and is not a guaranteed prediction by Public.com or investment advice.
MREO Analyst Forecast & Price Prediction
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