BioCryst Pharmaceuticals Receives Consensus Rating of “Buy” from Analysts (NASDAQ:BCRX)
BioCryst Pharmaceuticals (NASDAQ:BCRX) has earned a consensus rating of “Buy” from the twelve brokerages that are covering the company, Stock Ratings Network reports. Two research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $18.33.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. initiated coverage on shares of BioCryst Pharmaceuticals in a research note on Friday, August 8th. They set an “overweight” rating and a $20.00 price target on the stock. Separately, analysts at Wells Fargo & Co. upgraded shares of BioCryst Pharmaceuticals from a “market perform” rating to an “outperform” rating in a research note on Monday, June 23rd. They now have a $17.00 price target on the stock, down previously from $19.00. Finally, analysts at HC Wainwright raised their price target on shares of BioCryst Pharmaceuticals from $21.00 to $24.00 in a research note on Friday, May 30th. They now have a “buy” rating on the stock.
BioCryst Pharmaceuticals (NASDAQ:BCRX) opened at 12.61 on Monday. BioCryst Pharmaceuticals has a one year low of $4.55 and a one year high of $14.62. The stock has a 50-day moving average of $12.4 and a 200-day moving average of $10.79. The company’s market cap is $904.8 million.
BioCryst Pharmaceuticals (NASDAQ:BCRX) last issued its quarterly earnings data on Tuesday, August 5th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.04. The company had revenue of $1.50 million for the quarter, compared to the consensus estimate of $2.32 million. During the same quarter in the previous year, the company posted ($0.23) earnings per share. The company’s revenue for the quarter was up 79.3% on a year-over-year basis. On average, analysts predict that BioCryst Pharmaceuticals will post $-0.83 earnings per share for the current fiscal year.
BioCryst Pharmaceuticals, Inc (NASDAQ:BCRX) is a biotechnology company.
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