H.C. Wainwright analyst Edward White reiterated a Buy rating on IDEAYA Biosciences (IDYA) today and set a price target of $29.00. The company’s shares closed last Tuesday at $23.45, close to its 52-week high of $24.53.
According to TipRanks.com, White is a top 100 analyst with an average return of 59.1% and a 62.5% success rate. White covers the Healthcare sector, focusing on stocks such as Spectrum Pharmaceuticals, Silverback Therapeutics, and Karyopharm Therapeutics.
Currently, the analyst consensus on IDEAYA Biosciences is a Strong Buy with an average price target of $28.20, a 23.5% upside from current levels. In a report issued on March 15, Wedbush also maintained a Buy rating on the stock with a $32.00 price target.
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The company has a one-year high of $24.53 and a one-year low of $3.20. Currently, IDEAYA Biosciences has an average volume of 208.7K.
Based on the recent corporate insider activity of 13 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 IDYA in relation to earlier this year.
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IDEAYA Biosciences, Inc. develops cancer therapeutics. It is an oncology-focused precision medicine company committed to the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics. The company operates and manages its business as one operating and reportable segment, which is the business of research and development for oncology-focused precision medicine. The company was founded by Yujiro S. Hata and Jeffrey Hager in June 2015 and is headquartered in South San Francisco, CA.
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