H.C. Wainwright Thinks BELLUS Health’s Stock is Going to Recover
H.C. Wainwright analyst Andrew Fein reiterated a Buy rating on BELLUS Health (BLU) today and set a price target of $10.00. The company’s shares closed last Monday at $3.65, close to its 52-week low of $2.01.
According to TipRanks.com, Fein is a 4-star analyst with an average return of 12.8% and a 46.3% success rate. Fein covers the Healthcare sector, focusing on stocks such as DBV Technologies SA – American, Constellation Pharmaceuticals, and Global Blood Therapeutics.
BELLUS Health has an analyst consensus of Strong Buy, with a price target consensus of $9.00.
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The company has a one-year high of $12.03 and a one-year low of $2.01. Currently, BELLUS Health has an average volume of 1.15M.
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BELLUS Health, Inc. is a biopharmaceutical development company which engages in the research and development of novel therapeutics for the treatment of chronic cough and other hypersensitisation disorders. Its product, BLU-5937, is being developed for the treatment of chronic cough and chronic pruritus, or chronic itch. The company was founded on June 17, 1993 and is headquartered in Laval, Canada.