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Analysts Offer Insights on Healthcare Companies: Orchestra BioMed Holdings (OBIO), Anavex Life Sciences (AVXL) and Recursion Pharmaceuticals (RXRX)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Orchestra BioMed Holdings (OBIOResearch Report), Anavex Life Sciences (AVXLResearch Report) and Recursion Pharmaceuticals (RXRXResearch Report) with bullish sentiments.

Orchestra BioMed Holdings (OBIO)

LifeSci Capital analyst Rahul Rakhit maintained a Buy rating on Orchestra BioMed Holdings today and set a price target of $21.00. The company’s shares closed last Tuesday at $5.61, close to its 52-week low of $5.19.

According to TipRanks.com, Rakhit is ranked #8480 out of 8551 analysts.

Currently, the analyst consensus on Orchestra BioMed Holdings is a Moderate Buy with an average price target of $20.50.

See today’s best-performing stocks on TipRanks >>

Anavex Life Sciences (AVXL)

In a report released today, Soumit Roy from JonesTrading reiterated a Buy rating on Anavex Life Sciences, with a price target of $58.00. The company’s shares closed last Tuesday at $7.67, close to its 52-week low of $7.44.

According to TipRanks.com, Roy is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.2% and a 25.8% success rate. Roy covers the Healthcare sector, focusing on stocks such as Coeptis Therapeutics Holdings, Day One Biopharmaceuticals, and Monopar Therapeutics Inc.

Currently, the analyst consensus on Anavex Life Sciences is a Strong Buy with an average price target of $50.67, a 533.4% upside from current levels. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $54.00 price target.

Recursion Pharmaceuticals (RXRX)

In a report released today, Gaurav Goparaju from Berenberg Bank maintained a Buy rating on Recursion Pharmaceuticals, with a price target of $35.00. The company’s shares closed last Tuesday at $11.02.

According to TipRanks.com, Goparaju has 0 stars on 0-5 stars ranking scale with an average return of -13.2% and a 37.9% success rate. Goparaju covers the Healthcare sector, focusing on stocks such as Ginkgo Bioworks Holdings, AbCellera Biologics, and Relay Therapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Recursion Pharmaceuticals with a $16.00 average price target.

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