H.C. Wainwright Keeps a Buy Rating on Omeros Corp (OMER)

By Austin Angelo

H.C. Wainwright analyst Ram Selvaraju reiterated a Buy rating on Omeros Corp (OMERResearch Report) today and set a price target of $34. The company’s shares closed yesterday at $14.68.

According to TipRanks.com, Selvaraju ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -12.3% and a 31.4% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Biospecifics Technologies Corp, EyePoint Pharmaceuticals Inc, and Bausch Health Companies Inc.

Currently, the analyst consensus on Omeros Corp is a Moderate Buy with an average price target of $33.

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The company has a one-year high of $27 and a one-year low of $8.36. Currently, Omeros Corp has an average volume of 626.1K.

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Omeros Corp. operates as a biopharmaceutical company specializes in discovery, development, and commercializes of both small-molecule and protein therapeutics for large -market as well as orphan indications targeting inflammation, coagulopathies and disorders of the central nervous system.