Analysts have been eager to weigh in on the Healthcare sector with new ratings on Graphite Bio (GRPH – Research Report), Verrica Pharmaceuticals (VRCA – Research Report) and CSL (CMXHF – Research Report).
Graphite Bio (GRPH)
In a report issued on August 11, Luca Issi from RBC Capital maintained a Hold rating on Graphite Bio, with a price target of $11.00. The company’s shares closed last Wednesday at $4.16, close to its 52-week low of $2.07.
According to TipRanks.com, Issi is a 1-star analyst with an average return of
Currently, the analyst consensus on Graphite Bio is a Moderate Buy with an average price target of $13.00.
Verrica Pharmaceuticals (VRCA)
RBC Capital analyst Gregory Renza maintained a Hold rating on Verrica Pharmaceuticals on August 11 and set a price target of $4.00. The company’s shares closed last Wednesday at $3.69, close to its 52-week low of $1.77.
According to TipRanks.com, Renza is a 4-star analyst with an average return of
Verrica Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $9.67, implying a 155.8% upside from current levels. In a report issued on August 11, Needham also maintained a Hold rating on the stock.
In a report released yesterday, Ord Minnett from Ord Minnett maintained a Buy rating on CSL, with a price target of A$330.00. The company’s shares closed last Wednesday at $199.53.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CSL with a $228.15 average price target, which is a 14.3% upside from current levels. In a report issued on August 2, CLSA also maintained a Buy rating on the stock with a A$332.00 price target.
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