Mast Therapeutics, Inc. (SVRA) Receives Average Rating of “Buy” from Analysts
Mast Therapeutics, Inc. (NASDAQ:SVRA) has earned a consensus rating of “Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $24.25.
A number of brokerages have recently commented on SVRA. ValuEngine lowered Mast Therapeutics from a “sell” rating to a “strong sell” rating in a report on Friday. Zacks Investment Research lowered Mast Therapeutics from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. Roth Capital cut their price target on Mast Therapeutics from $40.00 to $32.00 and set a “buy” rating for the company in a report on Tuesday, October 31st. Canaccord Genuity upped their price target on Mast Therapeutics from $18.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, October 30th. Finally, Jefferies Group began coverage on Mast Therapeutics in a report on Friday, September 22nd. They set a “buy” rating and a $20.00 price target for the company.
Shares of Mast Therapeutics (SVRA) traded up $0.54 during mid-day trading on Friday, hitting $13.49. The stock had a trading volume of 124,886 shares, compared to its average volume of 113,809. Mast Therapeutics has a one year low of $4.60 and a one year high of $16.10. The company has a debt-to-equity ratio of 0.20, a current ratio of 9.15 and a quick ratio of 9.15.
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About Mast Therapeutics
Savara Inc, formerly Mast Therapeutics, Inc, is a clinical-stage pharmaceutical company. The Company is focused on the development and commercialization of novel therapies for the treatment of patients with rare respiratory diseases. Its pipeline includes AeroVanc, Molgradex and AIR001. AeroVanc is an inhaled formulation of vancomycin, which the Company is developing for the treatment of persistent methicillin-resistant Staphylococcus aureus, lung infection in cystic fibrosis patients.
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