According to Fintel, HC Wainwright & Co. has reiterated its coverage of Nuvectis Pharma (NASDAQ:NVCT) with a Buy recommendation.
Analyst Price Forecast suggests a 49.14% upside.
As of August 31, 2023, the average one-year price target for Nuvectis Pharma is $20.91, with a low of $20.20 and a high of $22.05. This represents a 49.14% increase from the latest reported closing price of $14.02.
Check out the leaderboard of companies with the largest price target upside.
The projected annual revenue for Nuvectis Pharma is $0MM, while the projected annual non-GAAP EPS is -1.58.
There are 90 funds or institutions reporting positions in Nuvectis Pharma, an increase of 64 owners or 246.15% in the last quarter. The average portfolio weight of all funds dedicated to NVCT is 0.01%, an increase of 87.89%. Total shares owned by institutions increased by 157.61% to 1,303K shares in the last three months.
Vanguard Total Stock Market Index Fund Investor Shares holds 181K shares representing 1.05% ownership of the company, with no change in the last quarter. iShares Russell 2000 ETF holds 139K shares representing 0.81% ownership. Geode Capital Management holds 113K shares representing 0.65% ownership, which is an increase of 68.88% from its previous filing. Baldwin Brothers holds 90K shares representing 0.52% ownership, a decrease of 59.67% from its previous filing. Forbes J M & Co Llp holds 67K shares representing 0.39% ownership of the company.
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This story originally appeared on Fintel.
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