In a report released today, Gaurav Goparaju from Berenberg Bank maintained a Buy rating on 23andMe Holding (ME – Research Report), with a price target of $7.00. The company’s shares closed yesterday at $2.52.
According to TipRanks, Goparaju is an analyst with an average return of -16.6% and a 33.33% success rate. Goparaju covers the Technology sector, focusing on stocks such as Schrodinger, Certara, and Berkeley Lights.
Currently, the analyst consensus on 23andMe Holding is a Moderate Buy with an average price target of $7.00.
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ME market cap is currently $1.15B and has a P/E ratio of -3.57.
Based on the recent corporate insider activity of 36 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 ME in relation to earlier this year.
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VG Acquisition Corp is a blank check company.
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