Madhu Kumar analyst at Goldman Sachs reiterates coverage on Reata Pharmaceuticals (RETA) stock in the Healthcare sector with a Buy rating. TipRanks.com has Kumar rated as a 4.7 star analyst with a 49% return on investment and a 15% success rate. Kumar has set a price target of $ 115.
TipRanks.com reports that Reata Pharmaceuticals stock currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for RETA's stock is $57.67. The target pricing ranges from a high forecast of $86.00 down to a low forecast of $35.00. Reata Pharmaceuticals (RETA)’s stock last closing price was $37.47 which would put the average price target at 62.50% upside.
In addition, TradingView issued a n/a (possibly response change) rating for RETA's stock over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on RETA stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from healthtechmovers.com as they are an authority in the HealthTech Stock Sector. HealthTechMovers.com keeps investors informed of trending healthcare stocks, health insurance stocks, healthcare technology stocks, biotechnology stocks, pharmaceutical stocks, healthcare service provider stocks, life science stocks and more.
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