Chardan Capital Keeps Their Buy Rating on Arbutus Biopharma (ABUS)

By Jason Carr

Chardan Capital analyst Geulah Livshits reiterated a Buy rating on Arbutus Biopharma (ABUSResearch Report) on August 23. The company’s shares closed last Monday at $3.38.

According to TipRanks.com, Livshits is a top 100 analyst with an average return of 78.6% and a 65.8% success rate. Livshits covers the Healthcare sector, focusing on stocks such as Applied Genetic Technologies, Iovance Biotherapeutics, and Adverum Biotechnologies.

Arbutus Biopharma has an analyst consensus of Strong Buy, with a price target consensus of $7.00.

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Arbutus Biopharma’s market cap is currently $335.2M and has a P/E ratio of -3.50. The company has a Price to Book ratio of -6.00.

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Arbutus Biopharma Corp. engages in discovering, developing and commercializing a cure for patients suffering from chronic Hepatitis B virus infection. The company is headquartered in Burnaby, Canada.