Smarter Analyst

William Blair Sticks to Its Buy Rating for Kezar Life Sciences Inc (KZR)

In a report issued on September 9, Matt Phipps from William Blair maintained a Buy rating on Kezar Life Sciences Inc (KZR). The company’s shares closed last Monday at $3.40, close to its 52-week low of $2.82.

According to TipRanks.com, Phipps has currently no stars on a ranking scale of 0-5 stars, with an average return of -14.9% and a 39.4% success rate. Phipps covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals Inc, Autolus Therapeutics Plc, and Pieris Pharmaceuticals.

Currently, the analyst consensus on Kezar Life Sciences Inc is a Strong Buy with an average price target of $15.

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The company has a one-year high of $36.33 and a one-year low of $2.82. Currently, Kezar Life Sciences Inc has an average volume of 90.62K.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KZR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Kezar Life Sciences, Inc. is a clinical-stage biotechnology company, which discovers and develops novel small molecule therapeutics to treat autoimmunity and cancer. The firm specializes in the areas of protein degradation and protein secretion to discover & develop novel therapies for the treatment of serious and unmet medical needs.