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Analysts Offer Insights on Healthcare Companies: Ardelyx (ARDX), Community Health (CYH) and Artelo Biosciences (ARTL)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Ardelyx (ARDXResearch Report), Community Health (CYHResearch Report) and Artelo Biosciences (ARTLResearch Report) with bullish sentiments.

Ardelyx (ARDX)

Citi analyst Yigal Nochomovitz reiterated a Buy rating on Ardelyx today and set a price target of $7.00. The company’s shares closed last Wednesday at $3.91.

According to TipRanks.com, Nochomovitz is a 4-star analyst with an average return of 3.5% and a 39.2% success rate. Nochomovitz covers the Healthcare sector, focusing on stocks such as Opthea Limited Sponsored ADR, Ultragenyx Pharmaceutical, and Eiger Biopharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ardelyx with a $9.70 average price target, implying a 147.4% upside from current levels. In a report released yesterday, Ladenburg Thalmann & Co. also maintained a Buy rating on the stock with a $10.50 price target.

See the top stocks recommended by analysts >>

Community Health (CYH)

Citi analyst Jason Cassorla maintained a Buy rating on Community Health today and set a price target of $7.00. The company’s shares closed last Wednesday at $2.70, close to its 52-week low of $1.88.

According to TipRanks.com, Cassorla ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -25.4% and a 25.6% success rate. Cassorla covers the Healthcare sector, focusing on stocks such as Clover Health Investments, Tenet Healthcare, and Universal Health.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Community Health with a $5.75 average price target.

Artelo Biosciences (ARTL)

H.C. Wainwright analyst Vernon Bernardino reiterated a Buy rating on Artelo Biosciences on October 17 and set a price target of $5.00. The company’s shares closed last Wednesday at $1.43, close to its 52-week low of $1.34.

According to TipRanks.com, Bernardino is a 4-star analyst with an average return of 6.4% and a 25.7% success rate. Bernardino covers the Healthcare sector, focusing on stocks such as Finch Therapeutics Group, Citius Pharmaceuticals, and Phio Pharmaceuticals.

Currently, the analyst consensus on Artelo Biosciences is a Strong Buy with an average price target of $18.33.

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