SVB Securities analyst Andrew Berens maintained a Buy rating on Zentalis Pharmaceuticals (ZNTL – Research Report) on May 5 and set a price target of $67.00. The company’s shares closed last Friday at $22.30, close to its 52-week low of $21.18.
According to TipRanks.com, Berens has 0 stars on 0-5 stars ranking scale with an average return of -13.5% and a 36.1% success rate. Berens covers the Healthcare sector, focusing on stocks such as Forma Therapeutics Holdings, Turning Point Therapeutics, and Global Blood Therapeutics.
Zentalis Pharmaceuticals has an analyst consensus of Strong Buy, with a price target consensus of $81.86, which is a 235.9% upside from current levels. In a report issued on May 5, Stifel Nicolaus also maintained a Buy rating on the stock with a $72.00 price target.
Zentalis Pharmaceuticals’ market cap is currently $1.02B and has a P/E ratio of -5.89.
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Zentalis Pharmaceuticals LLC is a clinical-stage biopharmaceutical company focused on discovering and developing small molecule therapeutics targeting fundamental biological pathways of cancers. It uses drug discovery engine, which it refers to as Integrated Discovery Engine, to identify targets and develop small molecule new chemical entities, or NCEs, with properties that it believes could result in potentially differentiated product profiles. The company’s product candidate, ZN-c5, is an oral selective estrogen receptor degrader, or SERD, currently in a Phase 1/2 clinical trial for the treatment of estrogen receptor positive, human epidermal growth factor receptor 2-negative, or ER+/HER2-, advanced or metastatic breast cancer. Its other products include ZN-c3, ZN-d5, and ZN-e4.
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