In a report released today, Kevin DeGeeter from Oppenheimer maintained a Buy rating on Orchard Therapeutics (ORTX), with a price target of $17.00. The company’s shares closed last Thursday at $5.35.
According to TipRanks.com, DeGeeter is a 5-star analyst with an average return of 38.6% and a 46.4% success rate. DeGeeter covers the Healthcare sector, focusing on stocks such as Cyclacel Pharmaceuticals, Rocket Pharmaceuticals, and Sensei Biotherapeutics.
Currently, the analyst consensus on Orchard Therapeutics is a Strong Buy with an average price target of $15.20.
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Orchard Therapeutics’ market cap is currently $663M and has a P/E ratio of -3.40. The company has a Price to Book ratio of 3.47.
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Orchard Therapeutics Plc is a biopharmaceutical company, which engages in discovering, acquiring, developing and commercializing gene therapies for patients with rare disorders. The company focuses on its autologous ex vivo gene therapy approach on three therapeutic rare disease franchise areas: primary immune deficiencies, neurometabolic disorders, and hemoglobinopathies. Its portfolio includes Strimvelis, a commercial-stage gamma retroviral-based product for the treatment of Adenosine deaminase deficiency (ADA-SCID). The company was founded by Nicolas Koebel and Andrea Spezzi in August 2018 and is headquartered in London, the United Kingdom.
