Mizuho Securities analyst Salim Syed maintained a Buy rating on Wave Life Sciences (WVE) today and set a price target of $19.00. The company’s shares closed last Thursday at $8.77, close to its 52-week low of $6.61.
According to TipRanks.com, Syed has 0 stars on 0-5 stars ranking scale with an average return of -7.2% and a 45.2% success rate. Syed covers the Healthcare sector, focusing on stocks such as Atara Biotherapeutics, Coherus Biosciences, and BridgeBio Pharma.
Currently, the analyst consensus on Wave Life Sciences is a Moderate Buy with an average price target of $17.20.
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The company has a one-year high of $39.98 and a one-year low of $6.61. Currently, Wave Life Sciences has an average volume of 1.27M.
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Wave Life Sciences Ltd. is a biotechnology company, which engages in the development of proprietary synthetic chemistry drug. It focuses on the design, development, and commercialization of nucleic acid-based therapeutics. The company was founded by Gregory L. Verdine and Takeshi Wada on July 23, 2012 and is headquartered in Singapore.