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Analysts’ Top Healthcare Picks: Immuneering (IMRX), PepGen Inc. (PEPG)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Immuneering (IMRXResearch Report), PepGen Inc. (PEPGResearch Report) and Relmada Therapeutics (RLMDResearch Report) with bullish sentiments.

Immuneering (IMRX)

In a report issued on October 12, Mara Goldstein from Mizuho Securities maintained a Buy rating on Immuneering, with a price target of $20.00. The company’s shares closed last Monday at $6.02.

According to TipRanks.com, Goldstein has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -8.7% and a 29.0% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Corvus Pharmaceuticals.

Currently, the analyst consensus on Immuneering is a Strong Buy with an average price target of $20.25.

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PepGen Inc. (PEPG)

Leerink Partners analyst Joseph Schwartz maintained a Buy rating on PepGen Inc. on October 12. The company’s shares closed last Monday at $5.42, close to its 52-week low of $4.26.

According to TipRanks.com, Schwartz is ranked 0 out of 5 stars with an average return of -14.4% and a 32.1% success rate. Schwartz covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, AN2 Therapeutics, Inc., and Travere Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PepGen Inc. with a $24.00 average price target, representing a 317.4% upside. In a report issued on October 12, H.C. Wainwright also maintained a Buy rating on the stock with a $26.00 price target.

Relmada Therapeutics (RLMD)

Mizuho Securities analyst Uy Ear maintained a Buy rating on Relmada Therapeutics on October 12 and set a price target of $25.00. The company’s shares closed last Monday at $3.13.

According to TipRanks.com, Ear is a 4-star analyst with an average return of 5.5% and a 28.8% success rate. Ear covers the Healthcare sector, focusing on stocks such as Arcutis Biotherapeutics, Revance Therapeutics, and Sarepta Therapeutics.

Relmada Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $25.00.

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