
MREO Stock Forecast & Price Target
MREO Analyst Ratings
Bulls say
Mereo BioPharma Group PLC's outlook remains optimistic due to the established relationship between increased bone mineral density (BMD) and reduced fracture rates, particularly regarding its product candidate setrusumab for osteogenesis imperfecta (OI). The data from the Phase II trial, which indicated a 22% increase in BMD, supports the potential for positive outcomes in subsequent analyses, despite a second interim miss. Additionally, the company's focus on late-stage clinical product candidates positions it well within the biopharmaceutical sector dedicated to rare diseases, enhancing its overall growth prospects.
Bears say
Mereo BioPharma Group is facing a negative outlook primarily due to increased uncertainty surrounding the potential launch timing of its key product candidate, setrusumab, for the treatment of osteogenesis imperfecta. The company's valuation has been adjusted significantly, with a lowered price target from $7 to $5, reflecting concerns over the delayed timeline and associated risks. Additionally, while there remains a solid belief in the ultimate success of setrusumab, the underlying market pressure and heightened risk factors contribute to a pessimistic near-term financial forecast.
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
Start investing in MREO
Order type
Buy in
Order amount
Est. shares
0 shares