Bluebird Bio (BLUE) Receives a Hold from William Blair
In a report released yesterday, Raju Prasad from William Blair maintained a Hold rating on Bluebird Bio (BLUE). The company’s shares closed last Wednesday at $62.06.
According to TipRanks.com, Prasad is a 5-star analyst with an average return of 17.8% and a 58.6% success rate. Prasad covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, Alexion Pharmaceuticals, and Rocket Pharmaceuticals.
Currently, the analyst consensus on Bluebird Bio is a Strong Buy with an average price target of $105.25.
See today’s analyst top recommended stocks >>
The company has a one-year high of $126.39 and a one-year low of $38.95. Currently, Bluebird Bio has an average volume of 1.22M.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLUE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
bluebird bio, Inc. is a clinical-stage biotechnology company, which engages in the development of potential gene therapies for severe genetic diseases and cancer. Its integrated product platform includes gene therapy, cancer immunotherapy, and gene editing. Its product pipeline includes Lenti-D, LentiGlobin, BCL11a shRNA, bb2121, and bb21217. The company was founded by Philippe Leboulch and Ronald C. Dorazio on April 16, 1992 and is headquartered in Cambridge, MA.