BerGenBio AS (BRRGF) Gets a Buy Rating from H.C. Wainwright


In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on BerGenBio AS (BRRGF), with a price target of NOK66.00. The company’s shares closed last Thursday at $3.94, close to its 52-week high of $4.39.

According to TipRanks.com, Pantginis is a top 100 analyst with an average return of 44.1% and a 67.4% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Applied Genetic Technologies, Lineage Cell Therapeutics, and Actinium Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BerGenBio AS with a $7.31 average price target.

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The company has a one-year high of $4.39 and a one-year low of $1.23. Currently, BerGenBio AS has an average volume of 110.

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BerGenBio ASA is a clinical stage oncology biotech company, which is engaged in developing therapeutics against novel drug targets that drive aggressive cancers. Its drug candidate bemcentinib (BGB324) is in clinical development as a novel treatment for a variety of cancers.

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