Larimar Therapeutics (LRMR) Receives a Buy from William Blair

In a report issued on May 18, Myles Minter from William Blair reiterated a Buy rating on Larimar Therapeutics (LRMRResearch Report). The company’s shares closed last Friday at $14.95.

According to TipRanks.com, Minter is a 4-star analyst with an average return of 14.4% and a 50.0% success rate. Minter covers the Healthcare sector, focusing on stocks such as Praxis Precision Medicines, Ionis Pharmaceuticals, and Minerva Neurosciences.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Larimar Therapeutics.

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Larimar Therapeutics’ market cap is currently $206.4M and has a P/E ratio of -3.80. The company has a Price to Book ratio of 2.62.

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Zafgen, Inc. is a biopharmaceutical company, which engages in the development of novel therapies for patients affected by complex metabolic diseases. It focuses on the study of MetAP2 inhibitors in both common and rare metabolic disorders. The firm also advancing programs for type 2 diabetes, Prader-Willi syndrome, and liver diseases. The company was founded on November 22, 2005 and is headquartered in Boston, MA.