In a report released on May 9, David Risinger from SVB Securities maintained a Buy rating on Theravance Biopharma (TBPH – Research Report), with a price target of $14.00. The company’s shares opened today at $11.43.
According to TipRanks, Risinger is a 4-star analyst with an average return of 6.9% and a 55.52% success rate. Risinger covers the Healthcare sector, focusing on stocks such as Halozyme, Johnson & Johnson, and Roivant Sciences.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Theravance Biopharma with a $14.33 average price target, a 25.37% upside from current levels. In a report released on May 9, H.C. Wainwright also maintained a Buy rating on the stock with a $20.00 price target.
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TBPH market cap is currently $721.1M and has a P/E ratio of -3.20.
Based on the recent corporate insider activity of 45 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 TBPH in relation to earlier this year.
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Theravance Biopharma, Inc. operates as a biopharmaceutical company. It focuses on the discovery, research, development, and commercialization of organ-selective medicines. Its products include telavancin under the VIBATIV brand, revefenacin under the TD 4208 brand, and neprilysin. The company was founded in July 2013 and is headquartered in George Town, Cayman Islands.
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