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Analysts Offer Insights on Healthcare Companies: Establishment Labs Holdings (ESTA) and Gritstone Oncology (GRTS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Establishment Labs Holdings (ESTAResearch Report) and Gritstone Oncology (GRTSResearch Report) with bullish sentiments.

Establishment Labs Holdings (ESTA)

In a report released yesterday, Marie Thibault from BTIG reiterated a Buy rating on Establishment Labs Holdings, with a price target of $53.00. The company’s shares closed last Tuesday at $50.45.

According to TipRanks.com, Thibault is a 1-star analyst with an average return of -0.9% and a 35.8% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Edwards Lifesciences, Irhythm Technologies, and Embecta Corporation.

Establishment Labs Holdings has an analyst consensus of Strong Buy, with a price target consensus of $56.00, representing a 17.5% upside. In a report issued on April 1, Mizuho Securities also reiterated a Buy rating on the stock with a $65.00 price target.

See today’s best-performing stocks on TipRanks >>

Gritstone Oncology (GRTS)

BTIG analyst Kaveri Pohlman maintained a Buy rating on Gritstone Oncology yesterday and set a price target of $3.00. The company’s shares closed last Tuesday at $1.20, close to its 52-week low of $1.14.

According to TipRanks.com, Pohlman is a 3-star analyst with an average return of 1.7% and a 37.6% success rate. Pohlman covers the Healthcare sector, focusing on stocks such as Sonnet BioTherapeutics Holdings, Janux Therapeutics Inc, and Mersana Therapeutics.

Gritstone Oncology has an analyst consensus of Strong Buy, with a price target consensus of $5.60, representing a 330.8% upside. In a report released yesterday, JMP Securities also maintained a Buy rating on the stock with a $5.00 price target.

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