BELLUS Health (BLU) Receives a Buy from LifeSci Capital
In a report issued on February 26, Sam Slutsky from LifeSci Capital assigned a Buy rating to BELLUS Health (BLU), with a price target of $9.00. The company’s shares closed last Thursday at $3.94.
According to TipRanks.com, Slutsky is a 3-star analyst with an average return of 4.2% and a 50.9% success rate. Slutsky covers the Healthcare sector, focusing on stocks such as Aeglea Biotherapeutics, Catalyst Biosciences, and Cogent Biosciences.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for BELLUS Health with a $9.00 average price target, which is an 113.8% upside from current levels. In a report issued on February 25, RBC Capital also maintained a Buy rating on the stock with a $8.00 price target.
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The company has a one-year high of $12.03 and a one-year low of $2.01. Currently, BELLUS Health has an average volume of 1.58M.
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BELLUS Health, Inc. is a biopharmaceutical development company which engages in the research and development of novel therapeutics for the treatment of chronic cough and other hypersensitisation disorders. Its product, BLU-5937, is being developed for the treatment of chronic cough and chronic pruritus, or chronic itch. The company was founded on June 17, 1993 and is headquartered in Laval, Canada.
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