Erytech Pharma SA (ERYP) Receives a Buy from Cowen & Co.


In a report released today, Boris Peaker from Cowen & Co. maintained a Buy rating on Erytech Pharma SA (ERYP). The company’s shares closed last Monday at $5.28, close to its 52-week low of $5.20.

According to TipRanks.com, Peaker is a 3-star analyst with an average return of 0.7% and a 41.0% success rate. Peaker covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics Inc, Stemline Therapeutics Inc, and Mersana Therapeutics Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Erytech Pharma SA with a $13 average price target, implying a 146.1% upside from current levels. In a report issued on September 5, JMP Securities also initiated coverage with a Buy rating on the stock with a $13 price target.

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The company has a one-year high of $10.65 and a one-year low of $5.20. Currently, Erytech Pharma SA has an average volume of 387.

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ERYTech Pharma SA is a biopharmaceutical company, which develops medical products. It engages in developing and producing therapeutic products for cancer and orphan diseases. The company was founded by Pierre-Olivier Goineau and Yann Godfrin on November 22, 2004 and is headquartered in Lyon, France.

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