In a report released today, Chad Messer from Needham assigned a Buy rating to Autolus Therapeutics (AUTL), with a price target of $26.00. The company’s shares closed last Monday at $9.36.
According to TipRanks.com, Messer is a 5-star analyst with an average return of 11.8% and a 49.3% success rate. Messer covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals, Aeglea Biotherapeutics, and Ionis Pharmaceuticals.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Autolus Therapeutics with a $23.00 average price target, which is a 157.3% upside from current levels. In a report issued on December 28, H.C. Wainwright also initiated coverage with a Buy rating on the stock with a $19.00 price target.
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Autolus Therapeutics’ market cap is currently $467.6M and has a P/E ratio of -3.10. The company has a Price to Book ratio of 1.98.
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Autolus Therapeutics Plc is a biopharmaceutical company. It engages in the development of cancer treatments. The firm’s portfolio includes B Cell Malignancies, Multiple Myeloma, T Cell Lymphoma, GD2+ Tumors, and Prostate Cancer. The company was founded by Martin Pulé in February 2018 and is headquartered in London, the United Kingdom.