Oppenheimer Thinks Chemomab Therapeutics’ Stock is Going to Recover

Oppenheimer analyst Jeff Jones assigned a Buy rating to Chemomab Therapeutics (CMMB) today and set a price target of $42.00. The company’s shares closed last Friday at $17.38, close to its 52-week low of $12.32.

Currently, the analyst consensus on Chemomab Therapeutics is a Moderate Buy with an average price target of $42.00.

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The company has a one-year high of $168.80 and a one-year low of $12.32. Currently, Chemomab Therapeutics has an average volume of 286.2K.

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Anchiano Therapeutics Ltd. is a clinical-stage biopharmaceutical company, which engages in tin the discovery, development and commercialization of drugs for cancer-related diseases. Its products include two drugs for cancer BC-819 and BC-821. The company was founded by Avraham Hochberg in 2004 and is headquartered in Jerusalem, Israel.

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