Oppenheimer analyst Kevin DeGeeter assigned a Buy rating to IDEAYA Biosciences (IDYA) yesterday and set a price target of $25.00. The company’s shares closed last Tuesday at $13.48.
According to TipRanks.com, DeGeeter is a top 100 analyst with an average return of 54.5% and a 57.5% success rate. DeGeeter covers the Healthcare sector, focusing on stocks such as Interpace Diagnostics Group, Rocket Pharmaceuticals, and Ionis Pharmaceuticals.
IDEAYA Biosciences has an analyst consensus of Strong Buy, with a price target consensus of $24.50, implying a 78.3% upside from current levels. In a report released yesterday, H.C. Wainwright also maintained a Buy rating on the stock with a $22.00 price target.
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IDEAYA Biosciences’ market cap is currently $407M and has a P/E ratio of -9.00. The company has a Price to Book ratio of 2.08.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is neutral on the stock.
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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.
