Analysts’ Opinions Are Mixed on These Healthcare Stocks: PTC Therapeutics (PTCT) and Audentes Therapeutics (BOLD)


Analysts have been eager to weigh in on the Healthcare sector with new ratings on PTC Therapeutics (PTCT) and Audentes Therapeutics (BOLD).

PTC Therapeutics (PTCT)

In a report released yesterday, Joseph Thome from Cowen & Co. maintained a Hold rating on PTC Therapeutics. The company’s shares closed yesterday at $44.75.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PTC Therapeutics with a $55 average price target.

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Audentes Therapeutics (BOLD)

In a report released yesterday, Ritu Baral from Cowen & Co. maintained a Buy rating on Audentes Therapeutics. The company’s shares closed yesterday at $37.03.

According to TipRanks.com, Baral is a 5-star analyst with an average return of 21.7% and a 46.5% success rate. Baral covers the Healthcare sector, focusing on stocks such as Milestone Pharmaceuticals Inc, ACADIA Pharmaceuticals Inc, and Allena Pharmaceuticals Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Audentes Therapeutics with a $46.50 average price target, implying a 25.6% upside from current levels. In a report issued on July 29, Raymond James also resumed coverage with a Buy rating on the stock with a $46 price target.

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