In a report released today, Difei Yang from Mizuho Securities maintained a Buy rating on Xeris Pharmaceuticals (XERS), with a price target of $14.00. The company’s shares closed last Thursday at $4.66.
According to TipRanks.com, Yang is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.7% and a 37.4% success rate. Yang covers the Healthcare sector, focusing on stocks such as Sarepta Therapeutics, Selecta Biosciences, and Akebia Therapeutics.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xeris Pharmaceuticals with a $12.50 average price target.
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Xeris Pharmaceuticals’ market cap is currently $223.8M and has a P/E ratio of -1.50. The company has a Price to Book ratio of 16.40.
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Xeris Pharmaceuticals, Inc.is a pharmaceutical company, which develops and commercializes ready-to-use, liquid-stable injectables. It offers XeriSol™ and XeriJect™ formulation technologies. The company was founded by Steven Prestrelski and John Kinzell in 2005 and is headquartered in Austin, TX.
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