Other analysts also recently issued reports about the stock. TD Securities reissued a buy rating and set a C$12.50 price objective on shares of Knight Therapeutics in a research report on Tuesday, March 14th. Mackie downgraded shares of Knight Therapeutics from a buy rating to a hold rating and cut their price objective for the company from C$12.00 to C$10.75 in a research report on Wednesday, January 4th. CIBC lowered their target price on shares of Knight Therapeutics from C$13.00 to C$9.80 in a research note on Friday, January 13th. Finally, Scotiabank upped their target price on shares of Knight Therapeutics from C$10.00 to C$10.50 and gave the company an outperform rating in a research note on Friday, December 23rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Knight Therapeutics presently has an average rating of Buy and an average target price of C$11.16.
Knight Therapeutics (TSE:GUD) opened at 10.10 on Wednesday. The stock has a 50 day moving average of $10.56 and a 200 day moving average of $9.93. The stock has a market cap of $1.34 billion and a P/E ratio of 71.13. Knight Therapeutics has a 1-year low of $7.20 and a 1-year high of $11.03.
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Knight Therapeutics Company Profile
Knight Therapeutics Inc is a Canada-based pharmaceutical company. The Company is engaged in developing, acquiring, in-licensing, out-licensing, marketing and distributing pharmaceutical products, consumer health products and medical devices in Canada and select international markets. It finances other life sciences companies in Canada and internationally.
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