Stifel Nicolaus Keeps Their Hold Rating on DBV Technologies SA – American (DBVT)
Stifel Nicolaus analyst Derek Archila reiterated a Hold rating on DBV Technologies SA – American (DBVT) today and set a price target of $6.00. The company’s shares closed last Friday at $6.53, close to its 52-week high of $7.38.
According to TipRanks.com, Archila is a 4-star analyst with an average return of 8.3% and a 44.4% success rate. Archila covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Phasebio Pharmaceuticals, and Apellis Pharmaceuticals.
Currently, the analyst consensus on DBV Technologies SA – American is a Moderate Buy with an average price target of $12.68.
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DBV Technologies SA – American’s market cap is currently $717.5M and has a P/E ratio of -3.40. The company has a Price to Book ratio of 2.70.
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DBV Technologies SA is a clinical-stage biopharmaceutical company, which engages in the research and development of epicutaneous immunotherapy products. It focuses on the development of Viaskin, an electrostatic patch, which may offer a convenient, self-administered, and non-invasive immunotherapy to patients. It also designs a robust clinical development program that includes ongoing clinical trials of Viaskin peanut, and Viaskin milk as well as pre-clinical development of Viaskin egg. The company was founded by Pierre-Henri Benhamou, Stéphane Benhamou, Bertrand Dupont, Christophe Dupont and Pierre-Yves Vannerom on March 29, 2002 and is headquartered in Montrouge, France.