In a report released yesterday, Jason McCarthy from Maxim Group maintained a Buy rating on Omeros (OMER – Research Report), with a price target of $25.00. The company’s shares closed last Monday at $14.04.
According to TipRanks.com, McCarthy is ranked 0 out of 5 stars with an average return of -22.0% and a 25.3% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Hancock Jaffe Laboratories, Lineage Cell Therapeutics, and Actinium Pharmaceuticals.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Omeros with a $26.50 average price target, implying an 83.9% upside from current levels. In a report issued on October 30, H.C. Wainwright also reiterated a Buy rating on the stock with a $35.00 price target.
The company has a one-year high of $20.92 and a one-year low of $10.30. Currently, Omeros has an average volume of 420.7K.
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Omeros Corp. operates as a biopharmaceutical company. It engages in the discovery, development, and commercializes of both small-molecule and protein therapeutics for large market. It also offers orphan indications targeting inflammation, coagulopathies, and disorders of the central nervous system.