H.C. Wainwright analyst Vernon Bernardino reiterated a Buy rating on NRX Pharmaceuticals (NRXP – Research Report) today and set a price target of $2.00. The company’s shares closed yesterday at $1.25.
Bernardino covers the Healthcare sector, focusing on stocks such as Phio Pharmaceuticals, Edesa Biotech, and Geron. According to TipRanks, Bernardino has an average return of 20.3% and a 35.35% success rate on recommended stocks.
NRX Pharmaceuticals has an analyst consensus of Moderate Buy, with a price target consensus of $3.00.
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The company has a one-year high of $3.87 and a one-year low of $0.49. Currently, NRX Pharmaceuticals has an average volume of 373K.
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NRXP in relation to earlier this year.
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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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