GTx PT Raised to $9.00 at Wedbush (GTXI)

Share on StockTwits

Equities researchers at Wedbush lifted their target price on shares of GTx (NASDAQ: GTXI) from $6.00 to $9.00 in a research report issued on Monday, Analyst Ratings Network reports. The firm currently has an “outperform” rating on the stock. Wedbush’s target price would suggest a potential upside of 28.57% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of GTx in a research note to investors on Thursday. They now have a $8.00 price target on the stock, up previously from $6.00. Analysts at Stifel Nicolaus initiated coverage on shares of GTx in a research note to investors on Friday, April 5th. They set a “buy” rating and a $7.00 price target on the stock.

GTx (NASDAQ: GTXI) traded up 4.95% on Monday, hitting $7.00. GTx has a 52-week low of $2.62 and a 52-week high of $5.41. The stock’s 50-day moving average is currently $4.37. The company’s market cap is $440.6 million.

GTx (NASDAQ: GTXI) last issued its quarterly earnings data on Friday, May 3rd. The company reported ($0.20) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.21) by $0.01. During the same quarter in the prior year, the company posted ($0.18) earnings per share. The company’s quarterly revenue was down 100.0% on a year-over-year basis. On average, analysts predict that GTx will post $-0.83 earnings per share for the current fiscal year.

GTx, Inc. is a biopharmaceutical company dedicated to the discovery, development and commercialization of small molecules that targets hormone pathways to treat cancer, osteoporosis and bone loss, muscle loss and other serious medical conditions.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Latest News

Photo leaked on Internet Shows Blackberry Operated by Android
Photo leaked on Internet Shows Blackberry Operated by Android
Xiaomi Sales of Smartphones Not So Disappointing
Xiaomi Sales of Smartphones Not So Disappointing
Celgene Investing $1 Billion in Juno Therapeutics
Celgene Investing $1 Billion in Juno Therapeutics
Greece Considering Capital Controls and Bank Closures
Greece Considering Capital Controls and Bank Closures
Nike Earnings Run Past Estimates
Nike Earnings Run Past Estimates
Ikea Raising Minimum Wage for U.S. Workers
Ikea Raising Minimum Wage for U.S. Workers


Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.