In a report issued on August 3, Chris Shibutani from Cowen & Co. maintained a Buy rating on Seres Therapeutics (NASDAQ: MCRB). The company’s shares opened today at $7.57, close to its 52-week low of $6.65.
According to TipRanks.com, Shibutani is a 4-star analyst with an average return of 10.6% and a 39.4% success rate. Shibutani covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals Inc, Five Prime Therapeutics, and Pieris Pharmaceuticals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Seres Therapeutics with a $14.75 average price target, which is a 94.8% upside from current levels. In a report issued on August 2, Canaccord Genuity also maintained a Buy rating on the stock with a $20 price target.
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The company has a one-year high of $17.42 and a one-year low of $6.65. Currently, Seres Therapeutics has an average volume of 148.2K.
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Seres Therapeutics, Inc. is a microbiome therapeutics platform company, which engages in the development of biological drugs. It focuses on implementing microbiome therapeutics platform to develop ecobiotic microbiome therapeutics that treats dysbiosis in the colonic microbiome.
