Analysts Offer Insights on Healthcare Companies: Lineage Cell Therapeutics (NYSE MKT: LCTX), Intercept Pharma (NASDAQ: ICPT) and BioDelivery (NASDAQ: BDSI)
By Austin Angelo There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Lineage Cell Therapeutics (LCTX – Research Report), Intercept Pharma (ICPT – Research Report) and BioDelivery (BDSI – Research Report) with bullish sentiments.
Lineage Cell Therapeutics (LCTX)
Chardan Capital analyst Keay Nakae reiterated a Buy rating on Lineage Cell Therapeutics today and set a price target of $4.00. The company’s shares closed last Tuesday at $0.90.
According to TipRanks.com, Nakae is a 4-star analyst with an average return of 9.3% and a 49.1% success rate. Nakae covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Emergent Biosolutions, and Arcturus Therapeutics.
Currently, the analyst consensus on Lineage Cell Therapeutics is a Strong Buy with an average price target of $3.67, which is a 298.9% upside from current levels. In a report issued on May 8, H.C. Wainwright also reiterated a Buy rating on the stock with a $4.00 price target.
See today’s analyst top recommended stocks >>
Intercept Pharma (ICPT)
Canaccord Genuity analyst Edward Nash maintained a Buy rating on Intercept Pharma yesterday and set a price target of $165.00. The company’s shares closed last Tuesday at $92.79.
According to TipRanks.com, Nash is a 4-star analyst with an average return of 7.5% and a 43.1% success rate. Nash covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, Galmed Pharmaceuticals, and Akero Therapeutics.
Intercept Pharma has an analyst consensus of Strong Buy, with a price target consensus of $148.69, representing a 69.4% upside. In a report issued on May 1, Wedbush also maintained a Buy rating on the stock with a $257.00 price target.
BioDelivery (BDSI)
In a report released yesterday, Tim Chiang from Northland Securities maintained a Buy rating on BioDelivery, with a price target of $9.00. The company’s shares closed last Tuesday at $4.80.
Chiang has an average return of 3.2% when recommending BioDelivery.
According to TipRanks.com, Chiang is ranked #3923 out of 6562 analysts.
BioDelivery has an analyst consensus of Strong Buy, with a price target consensus of $7.33, a 44.3% upside from current levels. In a report issued on May 8, H.C. Wainwright also reiterated a Buy rating on the stock with a $7.00 price target.
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.