Mirna Therapeutics Inc. (MIRN) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Mirna Therapeutics Inc. (NASDAQ:MIRN) have been given an average rating of “Hold” by the six ratings firms that are currently covering the firm. Five research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $2.05.
A number of research analysts have recently commented on MIRN shares. Oppenheimer Holdings Inc. increased their price objective on Mirna Therapeutics from $7.00 to $13.00 and gave the company an “outperform” rating in a report on Tuesday, August 16th. Citigroup Inc. dropped their price objective on Mirna Therapeutics from $4.50 to $2.00 and set a “neutral” rating on the stock in a report on Thursday, September 22nd. Zacks Investment Research upgraded Mirna Therapeutics from a “hold” rating to a “buy” rating and set a $2.75 price objective on the stock in a report on Wednesday, September 7th. Leerink Swann cut Mirna Therapeutics from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $10.00 to $4.00 in a research report on Monday, August 15th. Finally, HC Wainwright initiated coverage on Mirna Therapeutics in a research report on Monday, September 12th. They issued a “buy” rating and a $6.00 target price for the company.
Shares of Mirna Therapeutics (NASDAQ:MIRN) traded down 4.06% on Monday, reaching $1.66. The company had a trading volume of 4,144 shares. The firm’s market capitalization is $34.59 million. Mirna Therapeutics has a 52 week low of $1.66 and a 52 week high of $11.01. The company’s 50-day moving average price is $2.20 and its 200 day moving average price is $3.78.
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Mirna Therapeutics Company Profile
Mirna Therapeutics, Inc is a clinical-stage biopharmaceutical company developing a pipeline of micro ribonucleic acid (RNA)-based oncology therapeutics. The Company is developing mimics of naturally occurring microRNAs that are designed to restore the tumor suppressor activity and aid appropriate anti-tumor immune response.
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