LifeSci Capital Keeps Their Buy Rating on BELLUS Health (BLU)

LifeSci Capital analyst Sam Slutsky maintained a Buy rating on BELLUS Health (BLUResearch Report) on January 24 and set a price target of $17.00. The company’s shares closed last Wednesday at $5.90.

According to TipRanks.com, Slutsky is ranked 0 out of 5 stars with an average return of -4.8% and a 34.8% success rate. Slutsky covers the Healthcare sector, focusing on stocks such as Catalyst Biosciences, Ventyx Biosciences, and Sierra Oncology.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BELLUS Health with a $16.33 average price target, representing a 169.5% upside. In a report issued on January 25, H.C. Wainwright also maintained a Buy rating on the stock with a $14.00 price target.

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The company has a one-year high of $9.84 and a one-year low of $2.60. Currently, BELLUS Health has an average volume of 3.06M.

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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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