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Analysts’ Top Healthcare Picks: Nemaura Medical (NMRD), Atreca (BCEL)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Nemaura Medical (NMRDResearch Report), Atreca (BCELResearch Report) and Arcellx Inc (ACLXResearch Report) with bullish sentiments.

Nemaura Medical (NMRD)

In a report released today, Constantine Davides from EF Hutton reiterated a Buy rating on Nemaura Medical, with a price target of $6.00. The company’s shares closed last Wednesday at $0.90.

According to TipRanks.com, Davides ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -18.3% and a 24.1% success rate. Davides covers the Healthcare sector, focusing on stocks such as Acasti Pharma, NanoViricides, and Longeveron.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nemaura Medical with a $6.50 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Atreca (BCEL)

EF Hutton analyst Anthony Butler reiterated a Buy rating on Atreca today and set a price target of $10.00. The company’s shares closed last Wednesday at $1.30, close to its 52-week low of $0.76.

According to TipRanks.com, Butler is a 3-star analyst with an average return of 1.9% and a 40.3% success rate. Butler covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Crispr Therapeutics AG, and Allogene Therapeutics.

Atreca has an analyst consensus of Moderate Buy, with a price target consensus of $12.17, representing a 914.2% upside. In a report released today, H.C. Wainwright also reiterated a Buy rating on the stock with a $25.00 price target.

Arcellx Inc (ACLX)

SVB Securities analyst Daina Graybosch maintained a Buy rating on Arcellx Inc today and set a price target of $39.00. The company’s shares closed last Wednesday at $31.09, close to its 52-week high of $35.16.

According to TipRanks.com, Graybosch is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -24.6% and a 26.2% success rate. Graybosch covers the Healthcare sector, focusing on stocks such as Werewolf Therapeutics, Century Therapeutics, and F-star Therapeutics.

Currently, the analyst consensus on Arcellx Inc is a Strong Buy with an average price target of $39.25, implying a 29.0% upside from current levels. In a report released today, H.C. Wainwright also assigned a Buy rating to the stock with a $40.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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