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H.C. Wainwright Sticks to Their Buy Rating for NRX Pharmaceuticals (NRXP)

H.C. Wainwright analyst Vernon Bernardino reiterated a Buy rating on NRX Pharmaceuticals (NRXPResearch Report) today and set a price target of $2.00. The company’s shares opened today at $0.63.

Bernardino covers the Healthcare sector, focusing on stocks such as Geron, Eledon Pharmaceuticals, and Gamida Cell. According to TipRanks, Bernardino has an average return of 24.4% and a 35.28% success rate on recommended stocks.

NRX Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $2.00.

See the top stocks recommended by analysts >>

NRXP market cap is currently $42.22M and has a P/E ratio of -0.40.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NRXP in relation to earlier this year.

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.

Big Rock Partners Acquisition Corp. is a blank check company, which was formed for the purpose of entering into a merger, stock exchange, asset acquisition, stock purchase, reorganization, recapitalization or other similar business combination with one or more businesses or entities. It focuses on identifying a prospective target business in the senior housing and care industry in the United States. The firm’s care segments are commonly divided into four categories: Independent Living; Assisted Living; Memory Care and Nursing Care. The company was founded on September 18, 2017 and is headquartered in Delray Beach, FL.

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