tiprankstipranks
Blurbs

JMP Securities Thinks Arbutus Biopharma’s Stock is Going to Recover

JMP Securities analyst Roy Buchanan reiterated a Buy rating on Arbutus Biopharma (ABUSResearch Report) today and set a price target of $9.00. The company’s shares closed last Thursday at $2.55, close to its 52-week low of $1.93.

According to TipRanks.com, Buchanan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -17.0% and a 24.4% success rate. Buchanan covers the Healthcare sector, focusing on stocks such as Enanta Pharmaceuticals, Hookipa Pharma, and PolyPid.

Currently, the analyst consensus on Arbutus Biopharma is a Strong Buy with an average price target of $6.33.

See the top stocks recommended by analysts >>

Arbutus Biopharma’s market cap is currently $365.9M and has a P/E ratio of -3.37.

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.

Arbutus Biopharma Corp. engages in discovering, developing and commercializing a cure for patients suffering from chronic Hepatitis B virus infection. The company is headquartered in Burnaby, Canada.

Read More on ABUS:

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