H.C. Wainwright analyst Debjit Chattopadhyay maintained a Buy rating on Autolus Therapeutics Plc (AUTL) today and set a price target of $45. The company’s shares opened today at $30.44.
Chattopadhyay noted:
“We envision upside to our target if the upcoming data reflect the anticipated advantages of Autolus’ CAR T assets. Our $45 price target is derived from a risk-adjusted, sum-of-the-parts analysis that drives our DCF model. Our DCF is based on: beta of 1.66, terminal growth rate of 0.5%, risk premium of 4.93%, calculated WACC of 11.0%, and tax rate of 15% beginning in FY 2027.”
According to TipRanks.com, Chattopadhyay is a 1-star analyst with an average return of -2.2% and a 45.2% success rate. Chattopadhyay covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Mersana Therapeutics Inc, and Voyager Therapeutics Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Autolus Therapeutics Plc with a $47.50 average price target.
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The company has a one-year high of $53.24 and a one-year low of $19.17. Currently, Autolus Therapeutics Plc has an average volume of 77.87K.
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Autolus Therapeutics Plc is a biopharmaceutical company. It engages in the development of cancer treatments. The company portfolio includes B Cell Malignancies, Multiple Myeloma, T Cell Lymphoma, GD2+ Tumors, and Prostate Cancer. Autolus Therapeutics was founded by Martin Pulé in February 2018 and is headquartered in London, the United Kingdom.