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Vir Biotechnology (VIR) Receives a Buy from H.C. Wainwright

H.C. Wainwright analyst Patrick Trucchio reiterated a Buy rating on Vir Biotechnology (VIRResearch Report) today and set a price target of $125.00. The company’s shares closed last Wednesday at $31.10.

According to TipRanks.com, Trucchio has 0 stars on 0-5 stars ranking scale with an average return of -16.1% and a 32.9% success rate. Trucchio covers the Healthcare sector, focusing on stocks such as Freeline Therapeutics Holdings, Milestone Pharmaceuticals, and Arrowhead Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vir Biotechnology with a $61.67 average price target.

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The company has a one-year high of $58.00 and a one-year low of $18.21. Currently, Vir Biotechnology has an average volume of 1.05M.

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Vir Biotechnology, Inc. engages in the provision of technologies to treat and prevent infectious diseases. Its technology platforms include antibody, T cell, innate immunity, and siRNA. The company was founded by Robert Taylor Nelsen, Klaus Frueh, Jay Parrish, Lawrence Corey, and Louis Picker in 2016 and is headquartered in San Francisco, CA.

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