RBC Capital Maintains Their Buy Rating on NeuBase Therapeutics (NBSE)

In a report issued on June 9, Brian Abrahams from RBC Capital maintained a Buy rating on NeuBase Therapeutics (NBSE), with a price target of $16.00. The company’s shares closed last Thursday at $5.30, close to its 52-week low of $4.51.

According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 7.0% and a 48.5% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Constellation Pharmaceuticals, Intra-Cellular Therapies, and Karyopharm Therapeutics.

NeuBase Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $16.00, a 201.3% upside from current levels. In a report issued on June 1, H.C. Wainwright also reiterated a Buy rating on the stock with a $15.00 price target.

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The company has a one-year high of $12.89 and a one-year low of $4.51. Currently, NeuBase Therapeutics has an average volume of 339.8K.

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NeuBase Therapeutics, Inc. engages in the development of drugs for patients with genetic neurological disorder. Its pipelines include Huntington’s Disease, NT0100 Program – PATrOL Enabled gamma-PNA for Huntington’s Disease, and NT0200 Program- PATrOL Enabled gamma-PNA for Myotonic Dystophy. The company was founded by Dietrich A. Stephan on August 28, 2018 and is headquartered in Pittsburgh, PA.

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