Cowen & Co. analyst Boris Peaker maintained a Buy rating on Nucana Plc (NCNA) yesterday. The company’s shares closed on Friday at $12, close to its 52-week low of $10.37.
According to TipRanks.com, Peaker is a 4-star analyst with an average return of 2.5% and a 40.6% success rate. Peaker covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics Inc, Stemline Therapeutics Inc, and Mersana Therapeutics Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nucana Plc with a $35 average price target.
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Based on Nucana Plc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $6.98 million. In comparison, last year the company had a GAAP net loss of $8.9 million.
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NuCana Plc engages in the development of technology platform for the treatment of patients with cancer. Its Protide technology is consists of acelarin, NUC-3373, and NUC-7738. The company was founded by Hugh S. Griffith and Christopher B. Wood on January 28, 1997 and is headquartered in Edinburgh, the United Kingdom.
