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JMP Securities Reiterates Their Buy Rating on Quoin Pharmaceuticals (QNRX)

JMP Securities analyst Jason Butler reiterated a Buy rating on Quoin Pharmaceuticals (QNRXResearch Report) today and set a price target of $8.00. The company’s shares closed last Thursday at $0.36, close to its 52-week low of $0.32.

According to TipRanks.com, Butler is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -7.8% and a 40.5% success rate. Butler covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, Aquestive Therapeutics, and ACADIA Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Quoin Pharmaceuticals with a $5.00 average price target.

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