H.C. Wainwright analyst Oren Livnat maintained a Buy rating on Agile Therapeutics (AGRX) today and set a price target of $7.00. The company’s shares closed last Monday at $3.00.
According to TipRanks.com, Livnat is a 4-star analyst with an average return of 7.3% and a 50.6% success rate. Livnat covers the Healthcare sector, focusing on stocks such as Collegium Pharmaceutical, Satsuma Pharmaceuticals, and Zynerba Pharmaceuticals.
Agile Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $8.25, representing a 164.4% upside. In a report released today, Oppenheimer also assigned a Buy rating to the stock with a $10.00 price target.
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Based on Agile Therapeutics’ latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $15.52 million. In comparison, last year the company had a GAAP net loss of $4.43 million.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AGRX in relation to earlier this year.
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Agile Therapeutics, Inc. is a healthcare company, which engages in the development and commercialization of transdermal patch. Its lead product candidate, Twirla, also known as AG200-15, is an investigational low-dose, non-daily prescription contraceptive. The company was founded by Chien Te Yen on December 22, 1997 and is headquartered in Princeton, NJ.
