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Oppenheimer Stick to Their Buy Rating for Crispr Therapeutics AG

Jun 22, 2020 08:28PM ET
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Oppenheimer analyst Jay Olson maintained a Buy rating on Crispr Therapeutics AG (NASDAQ:CRSP) on Monday, setting a price target of $89, which is approximately 28.84% above the present share price of $69.08.

Olson expects Crispr Therapeutics AG to post earnings per share (EPS) of -$1.15 for the second quarter of 2020.

The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Crispr Therapeutics AG, with an average price target of $85.19.
The analysts price targets range from a high of $105 to a low of $61.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $157 thousand and a net profit of -$73.59 million. The company's market cap is $4.44 billion.

According to TipRanks.com, Oppenheimer analyst Jay Olson is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.6% and a 41.44% success rate.

CRISPR Therapeutics AG engages in the development and commercialization of therapies derived from genome-editing technology. Its proprietary platform CRISPR/Cas9-based therapeutics allows for precise and directed changes to genomic DNA. The company was founded by Rodger Novak, Emmanuelle Charpentier, Shaun Patrick Foy, Matthew Porteus, Daniel Anderson, Chad Cowan and Craig Mellow in 2014 and is headquartered in Zug, Switzerland.

Oppenheimer Stick to Their Buy Rating for Crispr Therapeutics AG
 

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