In a report released today, Esther Rajavelu from Oppenheimer maintained a Hold rating on Biohaven Pharmaceutical Holding Co (BHVN), with a price target of $41.00. The company’s shares closed last Friday at $47.95.
According to TipRanks.com, Rajavelu is a 2-star analyst with an average return of 0.2% and a 41.6% success rate. Rajavelu covers the Healthcare sector, focusing on stocks such as Teva Pharmaceutical Industries, Arrowhead Pharmaceuticals, and Rocket Pharmaceuticals.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Biohaven Pharmaceutical Holding Co with a $62.78 average price target.
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The company has a one-year high of $67.87 and a one-year low of $26.56. Currently, Biohaven Pharmaceutical Holding Co has an average volume of 1.02M.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BHVN in relation to earlier this year.
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Biohaven Pharmaceutical Holding Co. Ltd. is a clinical-stage biopharmaceutical company, which engages in the research and development of late-stage product candidates targeting neurological diseases, including rare disorders. It focuses on a pipeline of product candidates that represent mechanistic platforms, calcitonin gene-related peptide receptor antagonists, and glutamate modulators. The company was founded in September 2013 and is headquartered in New Haven, CT.
