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BELLUS Health (BLU) Receives a Buy from RBC Capital

In a report issued on November 15, Gregory Renza from RBC Capital maintained a Buy rating on BELLUS Health (BLUResearch Report), with a price target of $9.00. The company’s shares closed last Monday at $6.15.

According to TipRanks.com, Renza is a 1-star analyst with an average return of -1.1% and a 30.3% success rate. Renza covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Verrica Pharmaceuticals, and Inovio Pharmaceuticals.

BELLUS Health has an analyst consensus of Strong Buy, with a price target consensus of $10.96, representing a 78.8% upside. In a report issued on November 10, BTIG also maintained a Buy rating on the stock with a $13.00 price target.

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The company has a one-year high of $7.65 and a one-year low of $2.60. Currently, BELLUS Health has an average volume of 2.24M.

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BELLUS Health, Inc. is a biopharmaceutical development company which engages in the research and development of novel therapeutics for the treatment of chronic cough and other hypersensitisation disorders. Its product, BLU-5937, is being developed for the treatment of chronic cough and chronic pruritus, or chronic itch. The company was founded on June 17, 1993 and is headquartered in Laval, Canada.

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