Aclaris Therapeutics Inc (NASDAQ:ACRS) has been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and four have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $44.50.
Several equities analysts have recently issued reports on the company. Guggenheim assumed coverage on Aclaris Therapeutics in a research note on Thursday, February 8th. They set a “buy” rating and a $53.00 price target on the stock. BidaskClub lowered Aclaris Therapeutics from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. Cantor Fitzgerald set a $50.00 price target on Aclaris Therapeutics and gave the company a “buy” rating in a research note on Monday, January 8th. Finally, Zacks Investment Research lowered Aclaris Therapeutics from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd.
Aclaris Therapeutics (ACRS) traded up $0.09 during trading on Tuesday, reaching $19.10. The company’s stock had a trading volume of 226,400 shares, compared to its average volume of 372,152. The firm has a market capitalization of $586.17, a price-to-earnings ratio of -8.84 and a beta of 1.26. Aclaris Therapeutics has a one year low of $18.46 and a one year high of $33.25.
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About Aclaris Therapeutics
Aclaris Therapeutics, Inc is a dermatologist-led, biopharmaceutical company. The Company is focused on identifying, developing and commercializing differentiated drugs for the treatment of dermatological indications. The Company is also focused on the discovery and development of kinase inhibitors to treat inflammatory and immunological disorders and cancer.
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