tiprankstipranks
Blurbs

Editas Medicine (EDIT) Receives a Hold from RBC Capital

RBC Capital analyst Luca Issi maintained a Hold rating on Editas Medicine (EDITResearch Report) on February 24 and set a price target of $40.00. The company’s shares closed last Friday at $16.90, close to its 52-week low of $13.25.

According to TipRanks.com, Issi has 0 stars on 0-5 stars ranking scale with an average return of -27.4% and a 21.6% success rate. Issi covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Crispr Therapeutics AG, and Ionis Pharmaceuticals.

The word on The Street in general, suggests a Hold analyst consensus rating for Editas Medicine with a $26.75 average price target, implying a 67.8% upside from current levels. In a report issued on February 11, Evercore ISI also downgraded the stock to Hold with a $15.00 price target.

See the top stocks recommended by analysts >>

Editas Medicine’s market cap is currently $1.16B and has a P/E ratio of -5.92.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Editas Medicine, Inc. engages in the development and commercialization of genome editing technology. Its technology includes clustered, regularly interspaced short palindromic repeats (CRISPR), and CRISPR associated protein 9 (Cas9). The company was founded by Feng Zhang, Jennifer A. Doudna, George McDonald Church, J. Keith Joung and David R. Liu in September 2013 and is headquartered in Cambridge, MA.

Read More on EDIT:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed