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Canaccord Genuity Sticks to Their Buy Rating for Cogstate Ltd (COGZF)

In a report released on January 9, Elyse Shapiro from Canaccord Genuity maintained a Buy rating on Cogstate Ltd (COGZFResearch Report), with a price target of A$2.50. The company’s shares closed last Tuesday at $1.32.

According to TipRanks, Shapiro is ranked #5438 out of 8183 analysts.

Currently, the analyst consensus on Cogstate Ltd is a Moderate Buy with an average price target of $1.57.

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COGZF market cap is currently $229.2M and has a P/E ratio of 30.41.

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Cogstate Ltd is a cognitive science company. The principal activity of the company is a sale of technology and services for the measurement of cognition, where services include scientific consultancy, project management, data management, statistical analysis and reporting. Its operating segment includes Clinical Trials; Healthcare and Research. The company generates maximum revenue from the Clinical Trials segment. In clinical trials segment, technology and services are sold to pharmaceutical, biotechnology, nutraceutical, and functional food companies.

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