Goldman Sachs analyst Paul Choi maintained a Sell rating on FibroGen (FGEN – Research Report) yesterday. The company’s shares closed yesterday at $16.50.
According to TipRanks, Choi is a 4-star analyst with an average return of 6.2% and a 49.22% success rate. Choi covers the Healthcare sector, focusing on stocks such as PTC Therapeutics, FibroGen, and Ascendis Pharma.
The word on The Street in general, suggests a Hold analyst consensus rating for FibroGen with a $27.50 average price target.
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FGEN market cap is currently $1.61B and has a P/E ratio of -5.46.
Based on the recent corporate insider activity of 54 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 FGEN in relation to earlier this year.
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FibroGen, Inc. engages in the discovery, development, and commercialization of therapeutics. It focuses on hypoxia-inducible factor and connective tissue growth factor biology to develop innovative medicines for the treatment of anemia, fibrotic disease, and cancer. The company was founded by Thomas B. Neff on September 29, 1993 and is headquartered in San Francisco, CA.
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