In a report released today, Chris Shibutani from Cowen & Co. maintained a Hold rating on Puma Biotechnology (PBYI), with a price target of $28. The company’s shares closed on Wednesday at $12.85, close to its 52-week low of $12.22.
According to TipRanks.com, Shibutani is a 4-star analyst with an average return of 9.5% and a 47.2% success rate. Shibutani covers the Healthcare sector, focusing on stocks such as Syndax Pharmaceuticals Inc, Five Prime Therapeutics, and Pieris Pharmaceuticals.
Currently, the analyst consensus on Puma Biotechnology is a Moderate Sell with an average price target of $21.29.
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The company has a one-year high of $60.95 and a one-year low of $12.22. Currently, Puma Biotechnology has an average volume of 1.15M.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.
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Puma Biotechnology, Inc. is a development stage biopharmaceutical company. It acquires and develops innovative products for the treatment of various forms of cancer.
