In a report released today, Jason Bednar from Piper Sandler assigned a Buy rating to MDxHealth S.A. Sponsored ADR (MDXH – Research Report), with a price target of $6.00. The company’s shares opened today at $3.02.
Bednar covers the Healthcare sector, focusing on stocks such as Align Tech, Cooper Co, and Henry Schein. According to TipRanks, Bednar has an average return of -10.9% and a 34.33% success rate on recommended stocks.
MDxHealth S.A. Sponsored ADR has an analyst consensus of Strong Buy, with a price target consensus of $6.33, representing a 109.60% upside. In a report released yesterday, TD Cowen also maintained a Buy rating on the stock with a $6.00 price target.
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MDXH market cap is currently $86.55M and has a P/E ratio of -1.12.
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MDxHealth S.A. Sponsored ADR (MDXH) Company Description:
MDxHealth SA is a multinational healthcare company that provides actionable molecular diagnostic information to personalize the diagnosis and treatment of cancer. Its tests are based on proprietary genomic, epigenetic, and other molecular technologies and assist physicians with the diagnosis of urologic cancers, the prognosis of recurrence risk, and prediction of response to a specific therapy. It derives revenues from clinical laboratory service testing or the out-licensing of the company’s patented DNA methylation platform and biomarkers. Geographically, it derives revenue from the United States of America (USA), and Europe.
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