Telix Pharmaceuticals’ (TLX) Buy Rating Reaffirmed at HC Wainwright

Telix Pharmaceuticals (NASDAQ:TLX – Get Free Report)‘s stock had its “buy” rating reissued by equities research analysts at HC Wainwright in a research note issued on Friday, Benzinga reports. They presently have a $20.00 price target on the stock. HC Wainwright’s target price indicates a potential upside of 74.67% from the company’s current price.

A number of other analysts also recently issued reports on the stock. Wedbush reaffirmed an “outperform” rating and set a $22.00 price target on shares of Telix Pharmaceuticals in a report on Wednesday. Citigroup restated a “buy” rating on shares of Telix Pharmaceuticals in a research note on Thursday, August 20th. Weiss Ratings upgraded shares of Telix Pharmaceuticals from a “sell (d)” rating to a “hold (c-)” rating in a research note on Friday, August 21st. Finally, Royal Bank Of Canada upgraded shares of Telix Pharmaceuticals from a “hold” rating to a “moderate buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $20.50.

View Our Latest Report on TLX

Telix Pharmaceuticals Price Performance

TLX stock traded up $0.14 during trading on Friday, hitting $11.45. 401,084 shares of the stock traded hands, compared to its average volume of 221,924. Telix Pharmaceuticals has a 1 year low of $6.28 and a 1 year high of $13.11. The firm’s 50 day moving average is $11.35 and its two-hundred day moving average is $10.47. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.85 and a current ratio of 2.01.

Institutional Investors Weigh In On Telix Pharmaceuticals

Several institutional investors and hedge funds have recently modified their holdings of TLX. Hennion & Walsh Asset Management Inc. bought a new stake in shares of Telix Pharmaceuticals during the second quarter valued at approximately $1,731,000. Private Advisor Group LLC raised its position in shares of Telix Pharmaceuticals by 276.3% during the first quarter. Private Advisor Group LLC now owns 174,415 shares of the company’s stock valued at $1,669,000 after buying an additional 128,070 shares during the last quarter. XY Capital Ltd raised its position in shares of Telix Pharmaceuticals by 468.0% during the second quarter. XY Capital Ltd now owns 71,291 shares of the company’s stock valued at $822,000 after buying an additional 58,739 shares during the last quarter. Lazard Asset Management LLC raised its position in shares of Telix Pharmaceuticals by 15.7% during the first quarter. Lazard Asset Management LLC now owns 289,917 shares of the company’s stock valued at $2,775,000 after buying an additional 39,400 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Telix Pharmaceuticals by 523.8% during the first quarter. Bank of America Corp DE now owns 10,031 shares of the company’s stock valued at $96,000 after buying an additional 8,423 shares during the last quarter.

About Telix Pharmaceuticals

(Get Free Report)

Telix Pharmaceuticals Limited is a biopharmaceutical company focused on developing and commercializing radiopharmaceuticals for the diagnosis and treatment of cancer and other serious diseases. Its products use targeted molecules to deliver radioactive isotopes to specific tissues, supporting precision imaging and therapeutic applications.

The company’s commercial portfolio includes Illuccix, a gallium-68 radiolabeled prostate-specific membrane antigen (PSMA) imaging agent used with PET scans to help detect and manage prostate cancer.

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Analyst Recommendations for Telix Pharmaceuticals (NASDAQ:TLX)

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