H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Adamas Pharmaceuticals (ADMS) today and set a price target of $12.00. The company’s shares closed last Monday at $6.79.
According to TipRanks.com, Selvaraju is a top 100 analyst with an average return of 36.8% and a 72.3% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Protalix Biotherapeutics, NeuroBo Pharmaceuticals, and Inovio Pharmaceuticals.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Adamas Pharmaceuticals with a $9.75 average price target.
See today’s analyst top recommended stocks >>
Adamas Pharmaceuticals’ market cap is currently $168.6M and has a P/E ratio of -2.70. The company has a Price to Book ratio of -4.87.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Adamas Pharmaceuticals, Inc. engages in discovery and development of chrono-synchronous therapies for chronic neurologic disorders. Its products include GOCOVRI, ADS-5012, ADS-4101, and Namzaric. GOCOVRI is indicated for the treatment of dyskinesia in patients with Parkinson’s disease receiving levodopa-based therapy. ADS-5102 is a treatment for walking impairment in patients with multiple sclerosis. ADS-401 treats partial onset seizures in patients with epilepsy. Namzaric is a drug treatment for moderate to severe Alzheimer’s disease. The company was founded by Gregory T. Went on November 15, 2000 and is headquartered in Emeryville, CA.