Aptose Biosciences (APTO) Receives a Buy from Oppenheimer

Oppenheimer analyst Matthew Biegler maintained a Buy rating on Aptose Biosciences (APTO) yesterday and set a price target of $9.00. The company’s shares closed last Tuesday at $5.49.

According to TipRanks.com, Biegler is a 4-star analyst with an average return of 36.8% and a 48.1% success rate. Biegler covers the Healthcare sector, focusing on stocks such as Turning Point Therapeutics, Homology Medicines, and Fate Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Aptose Biosciences with a $11.14 average price target, which is a 102.2% upside from current levels. In a report released yesterday, JonesTrading also reiterated a Buy rating on the stock with a $14.00 price target.

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The company has a one-year high of $9.00 and a one-year low of $3.39. Currently, Aptose Biosciences has an average volume of 4.32M.

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Aptose Biosciences, Inc. is a clinical-stage oncology company, which engages in the discovery, research, and development of anti-cancer therapies. Its product pipeline includes APTO-253, a small molecule that induces expression of the Kruppel-Like Factor 4 genes; and CG-806 a non-covalent small molecule therapeutic agent. The company was founded on September 5, 1986 and is headquartered in Toronto, Canada.

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