H.C. Wainwright analyst Edward White maintained a Buy rating on TG Therapeutics (NASDAQ:TGTX) on Wednesday, setting a price target of $32, which is approximately 75.92% above the present share price of $18.19.
White expects TG Therapeutics to post earnings per share (EPS) of -$0.48 for the second quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in TG Therapeutics, with an average price target of $41.
The analysts price targets range from a high of $60 to a low of $32.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $38 thousand and a net profit of -$50.25 million. The company's market cap is $2.09 billion.
According to TipRanks.com, H.C. Wainwright analyst Edward White is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 25.1% and a 56.29% success rate.
TG Therapeutics, Inc. is a biopharmaceutical company, which engages in the acquisition, development, and commercialization of novel treatments for B-cell malignancies and autoimmune diseases. Its product pipeline includes TG-1101, Ublituximab, and Umbralisib. The company was founded by Michael Sean Weiss and Laurence H. Shaw on May 18, 1993 and is headquartered in New York, NY.