H.C. Wainwright analyst Edward White maintained a Buy rating on IDEAYA Biosciences (IDYA) today and set a price target of $22.00. The company’s shares closed last Wednesday at $14.20.
According to TipRanks.com, White is a top 100 analyst with an average return of 29.9% and a 54.7% success rate. White covers the Healthcare sector, focusing on stocks such as Spectrum Pharmaceuticals, Karyopharm Therapeutics, and TRACON Pharmaceuticals.
Currently, the analyst consensus on IDEAYA Biosciences is a Strong Buy with an average price target of $24.50, representing an 83.4% upside. In a report issued on July 13, J.P. Morgan also upgraded the stock to Buy with a $28.00 price target.
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The company has a one-year high of $19.97 and a one-year low of $2.95. Currently, IDEAYA Biosciences has an average volume of 265.1K.
Based on the recent corporate insider activity of 12 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 IDYA in relation to earlier this year.
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IDEAYA Biosciences, Inc. develops cancer therapeutics. It is an oncology-focused precision medicine company committed to the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics. The company operates and manages its business as one operating and reportable segment, which is the business of research and development for oncology-focused precision medicine. The company was founded by Yujiro S. Hata and Jeffrey Hager in June 2015 and is headquartered in South San Francisco, CA.
