Shares of Cerulean Pharma Inc. (NASDAQ:DARE) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $3.00.

Separately, ValuEngine cut Cerulean Pharma from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st.

Shares of Cerulean Pharma (NASDAQ DARE) opened at 2.80 on Friday. Cerulean Pharma has a one year low of $2.63 and a one year high of $35.80. The stock’s market cap is $8.13 million. The company has a 50-day moving average price of $4.92 and a 200 day moving average price of $7.64.

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Cerulean Pharma Company Profile

Dare Bioscience, Inc, formerly Cerulean Pharma Inc, is a healthcare company. The Company is focused on the development and commercialization of products in women’s reproductive health. Its lead product candidate is Ovaprene, a clinical stage, non-hormonal contraceptive ring. The Company is developing Ovaprene to provide protection over multiple weeks of use and require no intervention at the time of intercourse.

Analyst Recommendations for Cerulean Pharma (NASDAQ:DARE)

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