Arcturus Therapeutics (ARCT) Receives a Hold from Robert W. Baird

Robert W. Baird analyst Research Report) on August 9 and set a price target of $18.00. The company’s shares closed yesterday at $17.48.

According to TipRanks, Beatty is a 4-star analyst with an average return of 5.7% and a 50.98% success rate. Beatty covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Blueprint Medicines, and Leap Therapeutics.

Currently, the analyst consensus on Arcturus Therapeutics is a Hold with an average price target of $28.00, a 60.18% upside from current levels. In a report released yesterday, Citigroup also maintained a Hold rating on the stock with a $22.00 price target.

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Based on Arcturus Therapeutics’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.24 million and a GAAP net loss of $51.17 million. In comparison, last year the company earned a revenue of $2.13 million and had a GAAP net loss of $56.35 million

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Arcturus Therapeutics Holdings, Inc. engages in the development of RNA therapeutics for treatment. It focuses on liver and respiratory diseases. Its pipeline include LUNAR-OTC, and LUNAR CF. The company was founded in 2013 and is headquartered in San Diego, CA.

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