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Nemaura Medical Inc (NMRD)
OTHER OTC:NMRD
See the Price Targets and Ratings of:
NMRD Financial Forecast
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Ascendiant
$1.5
Buy
7400.00%
Upside
Reiterated
02/21/24
We are adjusting our FY24 estimate for revenue to $0.2 million, from $0.5 million, and for EPS to $(0.32) from $(0.36). Major ME contract and approval: the company received a major provisional order for 17,500 devices and 1.7 million sensors from TPMENA, its MENA (Middle East/North Africa) licensee for its sugarBEAT system. the SFDA (Saudi Authority) approved the sugarBEAT so the formal launch has now started.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Ascendiant
$1.5
Buy
7400.00%
Upside
Reiterated
02/21/24
We are adjusting our FY24 estimate for revenue to $0.2 million, from $0.5 million, and for EPS to $(0.32) from $(0.36). Major ME contract and approval: the company received a major provisional order for 17,500 devices and 1.7 million sensors from TPMENA, its MENA (Middle East/North Africa) licensee for its sugarBEAT system. the SFDA (Saudi Authority) approved the sugarBEAT so the formal launch has now started.
NMRD Analyst Recommendation Trends
Rating
Aug 23
Sep 23
Dec 23
Jan 24
Feb 24
Strong Buy
4
4
4
3
2
Buy
0
0
0
0
0
Hold
0
0
0
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
4
4
4
4
3
Each month's total comprises the sum of three months' worth of ratings.
NMRD Stock Forecast FAQ
What is NMRD’s average 12-month price target, according to analysts?
Currently, no data Available
What is NMRD’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for NMRD, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NMRD a Buy, Sell or Hold?
Currently, no data Available
What is Nemaura Medical Inc’s price target?
Currently, no data Available
What do analysts say about Nemaura Medical Inc?
Not enough analysts have published a price target to provide an average price target.
How can I buy shares of NMRD?
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