Barclays analyst Gena Wang maintained a Buy rating on RegenXBio (RGNX – Research Report) today and set a price target of $55.00. The company’s shares closed yesterday at $16.67.
According to TipRanks, Wang is a 4-star analyst with an average return of 9.2% and a 45.52% success rate. Wang covers the Healthcare sector, focusing on stocks such as Sarepta Therapeutics, Legend Biotech, and Vertex Pharmaceuticals.
Currently, the analyst consensus on RegenXBio is a Strong Buy with an average price target of $38.25.
RGNX market cap is currently $816.7M and has a P/E ratio of -2.77.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RGNX in relation to earlier this year. Most recently, in March 2024, Vittal Vasista, the CFO of RGNX bought 20,041.00 shares for a total of $75,354.16.
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RegenXBio (RGNX) Company Description:
REGENXBIO, Inc. is a biotechnology company, which engages in the development, commercialization, and licensing of recombinant adeno-associated virus gene therapy. The company was founded by Kennth T. Mills and James M. Wilson on July 16, 2008 and is headquartered in Rockville, MD.
