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Maxim Group Sticks to Their Buy Rating for NexGel Inc (NXGL)

Maxim Group analyst Naz Rahman maintained a Buy rating on NexGel Inc (NXGLResearch Report) yesterday and set a price target of $5.00. The company’s shares closed yesterday at $1.36.

According to TipRanks, Rahman is an analyst with an average return of -14.3% and a 33.64% success rate. Rahman covers the Healthcare sector, focusing on stocks such as Clene, scPharmaceuticals, and Neurosense Therapeutics Ltd..

NexGel Inc has an analyst consensus of Moderate Buy, with a price target consensus of $5.00.

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The company has a one-year high of $2.04 and a one-year low of $1.09. Currently, NexGel Inc has an average volume of 19.16K.

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NexGel Inc is engaged in manufacturing high water content, electron beam cross-linked, aqueous polymer hydrogels, or gels, used for wound care, medical diagnostics, transdermal drug delivery and cosmetics.

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