“We rate TBPH 12-month price target of $55. We believe the Street is underestimating the peak sales potential of its four key programs (JAK Inhibitor, NEP Inhibitors, TD-9855, Revefenacin), all of which have data expected this year. Valuation Summary We use a blend of DCF and multiples (EV/EBITDA) analysis to get to our 12-month price target of $55. The Disclosure Section may be found on pages 3 – 5.Valuation We use a blend of DCF and multiples (EV/EBITDA) analysis to get to our 12-month price target of $55. Our DCF analysis arrives at a 12-month share price of $60.”
According to TipRanks.com, Chen is a 5-star analyst with an average return of 16.1% and a 44.2% success rate. Chen covers the Healthcare sector, focusing on stocks such as Bausch Health Companies Inc, Amneal Pharmaceuticals Inc, and Aridis Pharmaceuticals Inc.
Currently, the analyst consensus on Theravance Biopharma is a Strong Buy with an average price target of $46.50, implying a 90.8% upside from current levels. In a report issued on November 7, Leerink Partners also maintained a Buy rating on the stock with a $38 price target.
Based on Theravance Biopharma’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $59.43 million. In comparison, last year the company had a GAAP net loss of $66.88 million.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock.
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Theravance Biopharma, Inc. operates as a biopharmaceutical company, which focuses on the discovery, development and commercialization of small molecule medicines. Its products include telavancin under the VIBATIV brand, revefenacin under the TD 4208 brand and neprilysin. The company was founded in July 2013 and is headquartered in George Town, Cayman Islands.