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Centogene NV (CNTG) Receives a Buy from H.C. Wainwright

In a report released today, Yi Chen from H.C. Wainwright reiterated a Buy rating on Centogene NV (CNTGResearch Report), with a price target of $2.50. The company’s shares closed yesterday at $0.65.

According to TipRanks, Chen is an analyst with an average return of -26.8% and a 25.15% success rate. Chen covers the Healthcare sector, focusing on stocks such as Prophase Labs, Veru, and First Wave Bio.

Currently, the analyst consensus on Centogene NV is a Moderate Buy with an average price target of $2.50.

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The company has a one-year high of $4.29 and a one-year low of $0.61. Currently, Centogene NV has an average volume of 21.41K.

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Centogene NV is a commercial-stage company. It focuses on rare diseases that transform real-world clinical and genetic data into actionable information for patients, physicians and pharmaceutical companies. It operates through the following two segments: Pharmaceutical and Diagnostics. The Pharmaceutical segment provides services to pharmaceutical partners, including early patient recruitment and identification, epidemiological insights, biomarker discovery and patient monitoring. The Diagnostics segment provides targeted genetic sequencing and diagnostics services. The company was founded by Arndt Rolf and Christoph Ehlers in 2006 and is headquartered in Rostock, Denmark.

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