Kailera Therapeutics, Inc. (NASDAQ:KLRA) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Kailera Therapeutics, Inc. (NASDAQ:KLRAGet Free Report) have earned a consensus rating of “Buy” from the seven brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $42.75.

KLRA has been the subject of several research analyst reports. Jefferies Financial Group assumed coverage on Kailera Therapeutics in a research report on Tuesday, May 12th. They issued a “buy” rating and a $48.00 price objective for the company. Evercore began coverage on shares of Kailera Therapeutics in a research report on Tuesday, May 12th. They set an “outperform” rating on the stock. Zacks Research raised shares of Kailera Therapeutics to a “hold” rating in a research note on Wednesday, May 13th. William Blair began coverage on shares of Kailera Therapeutics in a report on Tuesday, May 12th. They issued an “outperform” rating for the company. Finally, Leerink Partners assumed coverage on shares of Kailera Therapeutics in a research note on Tuesday, May 12th. They issued an “outperform” rating and a $36.00 price objective for the company.

Read Our Latest Stock Report on Kailera Therapeutics

Kailera Therapeutics Price Performance

NASDAQ KLRA opened at $16.94 on Friday. The firm has a market cap of $2.19 billion and a PE ratio of -0.00. The stock’s 50 day simple moving average is $20.15. Kailera Therapeutics has a 12-month low of $16.39 and a 12-month high of $28.23.

Kailera Therapeutics (NASDAQ:KLRAGet Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The company reported ($3,650.00) EPS for the quarter.

Kailera Therapeutics Company Profile

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We are an advanced clinical-stage biotechnology company focused on elevating the next era of obesity care by advancing a diversified pipeline to provide options for people living with obesity no matter where they are in their treatment journey. Obesity is a chronic, progressive and debilitating disease that impacts over 1 billion people globally and requires long-term comprehensive treatment. Since obesity is the driving factor for more than 200 comorbidities and represents a significant contributor to increased morbidity and mortality, our vision is to deliver category-leading obesity management medications that give people the power to restore their health and transform their lives.

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Analyst Recommendations for Kailera Therapeutics (NASDAQ:KLRA)

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