In a report released today, Edward White from H.C. Wainwright maintained a Buy rating on Clovis Oncology (CLVS), with a price target of $27.00. The company’s shares closed last Tuesday at $7.11.
According to TipRanks.com, White is a 5-star analyst with an average return of 19.8% and a 48.3% success rate. White covers the Healthcare sector, focusing on stocks such as Spectrum Pharmaceuticals, Karyopharm Therapeutics, and TRACON Pharmaceuticals.
Currently, the analyst consensus on Clovis Oncology is a Moderate Buy with an average price target of $16.67.
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The company has a one-year high of $21.45 and a one-year low of $2.94. Currently, Clovis Oncology has an average volume of 7.28M.
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Clovis Oncology, Inc. is a biopharmaceutical company, which engages in the acquisition, development, and commercialization of cancer treatments. Its marketed product Rubraca (rucaparib), an oral small molecule inhibitor of poly ADP-ribose polymerase (PARP), is offered for the maintenance treatment of adult patients with recurrent epithelial ovarian, fallopian tube, and primary peritoneal cancer. The company was founded by Andrew R. Allen, Gillian C. Ivers-Read, Patrick J. Mahaffy, and Erle T. Mast on April 20, 2009 and is headquartered in Boulder, CO.
