In a report released yesterday, Phil Nadeau from Cowen & Co. maintained a Buy rating on GW Pharma (GWPH), with a price target of $200.00. The company’s shares closed last Monday at $96.10, close to its 52-week low of $90.14.
According to TipRanks.com, Nadeau is a 5-star analyst with an average return of 7.4% and a 52.2% success rate. Nadeau covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals, Alexion Pharmaceuticals, and BioMarin Pharmaceutical.
GW Pharma has an analyst consensus of Strong Buy, with a price target consensus of $201.83.
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The company has a one-year high of $196.00 and a one-year low of $90.14. Currently, GW Pharma has an average volume of 758.3K.
Based on the recent corporate insider activity of 35 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 GWPH in relation to earlier this year.
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GW Pharmaceuticals Plc is a biopharmaceutical company, which engages in the discovery, development, and commercialization of novel therapeutics. It offers its lead cannabinoid product, Epidiolex oral solution CV, a pharmaceutical formulation of cannabidiol (CBD) focusing on the treatment of seizures associated with tuberous sclerosis complex.
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