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SVB Securities Maintains a Buy Rating on Eliem Therapeutics (ELYM)

SVB Securities analyst Marc Goodman maintained a Buy rating on Eliem Therapeutics (ELYMResearch Report) today and set a price target of $9.00. The company’s shares closed last Friday at $3.71, close to its 52-week low of $2.52.

According to TipRanks.com, Goodman is a 2-star analyst with an average return of 0.2% and a 46.8% success rate. Goodman covers the Healthcare sector, focusing on stocks such as Biohaven Pharmaceutical Holding Co, Opthea Limited Sponsored ADR, and Amylyx Pharmaceuticals Inc.

Eliem Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $9.00.

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Eliem Therapeutics’ market cap is currently $98.57M and has a P/E ratio of -2.15.

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Eliem Therapeutics Inc is a clinical-stage biotechnology company. It is focused on developing novel therapies for neuronal excitability disorders to address unmet needs in chronic pain, psychiatry, epilepsy and other disorders of the peripheral and central nervous systems.

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