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Scotiabank Keeps Their Buy Rating on Adaptimmune Therapeutics (ADAP)

Scotiabank Keeps Their Buy Rating on Adaptimmune Therapeutics (ADAP)

Scotiabank analyst George Farmer maintained a Buy rating on Adaptimmune Therapeutics (ADAPResearch Report) today and set a price target of $1.40. The company’s shares closed yesterday at $0.25.

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According to TipRanks, Farmer is an analyst with an average return of -8.1% and a 33.33% success rate. Farmer covers the Healthcare sector, focusing on stocks such as Tempest Therapeutics, Adaptimmune Therapeutics, and Inmune Bio.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adaptimmune Therapeutics with a $1.67 average price target, implying a 568.00% upside from current levels. In a report released today, H.C. Wainwright also maintained a Buy rating on the stock with a $3.00 price target.

ADAP market cap is currently $75.55M and has a P/E ratio of -0.86.

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