Aerie Pharma (AERI) Gets a Hold Rating from Raymond James

In a report released today, Elliot Wilbur from Raymond James maintained a Hold rating on Aerie Pharma (AERI). The company’s shares closed last Tuesday at $15.07.

According to TipRanks.com, Wilbur is a 1-star analyst with an average return of -1.3% and a 45.8% success rate. Wilbur covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Amneal Pharmaceuticals, and Flexion Therapeutics.

Aerie Pharma has an analyst consensus of Strong Buy, with a price target consensus of $26.75.

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Aerie Pharma’s market cap is currently $653.1M and has a P/E ratio of -3.30. The company has a Price to Book ratio of 10.87.

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Aerie Pharmaceuticals, Inc. engages in the discovery, development, and commercialization of therapies for the treatment of patients with open-angle glaucoma, retinal diseases and other diseases of the eye. Its products include Rhopressa, Roclatan, AR-13503, and AR-1105. The company was founded by David L. Epstein, Casey C. Kopczynski, Thomas J. van Haarlem, and Eric J. Toone on June 22, 2005 and is headquartered in Durham, NC.