Nanobiotix S.A. – Sponsored ADR (NASDAQ:NBTX) Stock Rated “Moderate Buy” by Sell-Side Analysts

Nanobiotix S.A. – Sponsored ADR (NASDAQ:NBTX – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $46.67.

NBTX has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Nanobiotix in a research report on Friday, July 17th. Guggenheim began coverage on Nanobiotix in a research report on Tuesday, September 15th. They set a “buy” rating and a $64.00 target price for the company. Finally, Leerink Partners lifted their price target on Nanobiotix from $37.00 to $46.00 and gave the stock an “outperform” rating in a research report on Thursday, June 4th.

View Our Latest Analysis on Nanobiotix

Nanobiotix Price Performance

Shares of NBTX opened at $33.31 on Monday. The business’s 50 day moving average is $38.73 and its 200 day moving average is $37.36. Nanobiotix has a 12-month low of $14.78 and a 12-month high of $57.14.

Nanobiotix (NASDAQ:NBTX – Get Free Report) last announced its quarterly earnings data on Tuesday, September 29th. The company reported ($0.40) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.48) by $0.08. The company had revenue of $3.17 million for the quarter, compared to analysts’ expectations of $1.73 million. As a group, sell-side analysts anticipate that Nanobiotix will post -0.16 earnings per share for the current fiscal year.

About Nanobiotix

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Nanobiotix is a clinical-stage biotechnology company focused on developing nanomedicine-based therapies for cancer. The company’s technology is designed to improve the effectiveness of radiotherapy by using nanoparticles that interact with radiation inside tumors, with the goal of enhancing tumor-cell destruction while limiting damage to surrounding healthy tissue.

Its lead product candidate, NBTXR3, is an investigational radioenhancer consisting of functionalized hafnium oxide nanoparticles.

Further Reading

Analyst Recommendations for Nanobiotix (NASDAQ:NBTX)

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