Chardan Capital Keeps a Buy Rating on Vascular Biogenics (VBLT)

Chardan Capital analyst Geulah Livshits reiterated a Buy rating on Vascular Biogenics (VBLTResearch Report) today and set a price target of $5.00. The company’s shares closed last Thursday at $1.28.

According to TipRanks.com, Livshits is a 5-star analyst with an average return of 36.7% and a 70.4% success rate. Livshits covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics, Rocket Pharmaceuticals, and Crispr Therapeutics AG.

Currently, the analyst consensus on Vascular Biogenics is a Strong Buy with an average price target of $3.85, which is a 203.1% upside from current levels. In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $2.50 price target.

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The company has a one-year high of $1.64 and a one-year low of $0.90. Currently, Vascular Biogenics has an average volume of 566.6K.

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Vascular Biogenics Ltd. is in the clinical-stage biopharmaceutical company, which engages in the discovery, development and commercialization of first-in-class treatments for cancer. It offers different programs for cancer and inflammatory disease patients such as vascular targeting system and Lecinoxoids. The company was founded by Dror Harats and Jacob George on January 27, 2000 and is headquartered in Modi’in, Israel.