H.C. Wainwright analyst Ed Arce maintained a Buy rating on Arbutus Biopharma (ABUS) today and set a price target of $10.00. The company’s shares closed last Thursday at $3.50.
According to TipRanks.com, Arce is a 4-star analyst with an average return of 14.5% and a 40.4% success rate. Arce covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Aurinia Pharmaceuticals, and Paratek Pharmaceuticals.
Arbutus Biopharma has an analyst consensus of Moderate Buy, with a price target consensus of $6.43.
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The company has a one-year high of $9.02 and a one-year low of $0.88. Currently, Arbutus Biopharma has an average volume of 2.67M.
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Arbutus Biopharma Corp. engages in discovering, developing and commercializing a cure for patients suffering from chronic Hepatitis B virus infection. The company is headquartered in Burnaby, Canada.
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