Prothena Co. PLC Stock Rating Upgraded by Zacks (PRTA)
Prothena Co. PLC (NASDAQ:PRTA) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Tuesday. The firm currently has a $20.00 price target on the stock. Zacks‘s price target would suggest a potential upside of 5.88% from the company’s current price.
Shares of Prothena Co. PLC (NASDAQ:PRTA) traded up 2.17% during mid-day trading on Tuesday, hitting $19.30. The stock had a trading volume of 414,616 shares. Prothena Co. PLC has a 52 week low of $15.00 and a 52 week high of $49.24. The stock has a 50-day moving average of $20.72 and a 200-day moving average of $27.13. The company’s market cap is $422.7 million.
Prothena Co. PLC (NASDAQ:PRTA) last released its earnings data on Monday, August 4th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $15.10 million for the quarter.
PRTA has been the subject of a number of other recent research reports. Analysts at Oppenheimer initiated coverage on shares of Prothena Co. PLC in a research note on Thursday, July 10th. They set an “outperform” rating and a $40.00 price target on the stock. Analysts at Ladenburg Thalmann initiated coverage on shares of Prothena Co. PLC in a research note on Thursday, May 22nd. They set a “buy” rating and a $36.50 price target on the stock. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $38.79.
Prothena Corporation PLC is an Ireland-based, clinical-stage biotechnology company. The Company is engaged in discovering and developing monoclonal antibodies that are directed towards misfolded proteins or improper cell adhesion.
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