In a report released today, Andrea Tan from Goldman Sachs maintained a Hold rating on Centessa Pharmaceuticals (CNTA – Research Report), with a price target of $8.00. The company’s shares closed last Monday at $4.49, close to its 52-week low of $4.40.
According to TipRanks.com, Tan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -34.5% and a 0.0% success rate. Tan covers the Healthcare sector, focusing on stocks such as Kodiak Sciences, Vor Biopharma, and Insmed.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Centessa Pharmaceuticals with a $22.50 average price target.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CNTA in relation to earlier this year.
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Centessa Pharmaceuticals PLC is a pharmaceutical company. Its portfolio consists of preclinical to phase 3 uncorrelated programs spanning diseases with high unmet need across oncology, hematology, immunology, inflammation, neuroscience, and rare diseases. Some of its products include Vasopressin V2 Receptor Inhibitor (Lixivaptan), BMP9 Engineered Variant (MGX292), OX2R Agonist (Oral) among others.
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