Shares of GH Research PLC (NASDAQ:GHRS – Get Free Report) have earned an average rating of “Moderate Buy” from the eleven brokerages that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $40.3750.
Several research analysts recently weighed in on the stock. Cantor Fitzgerald boosted their price target on shares of GH Research from $25.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Citizens Jmp decreased their target price on GH Research from $42.00 to $39.00 and set a “market outperform” rating for the company in a research report on Friday, May 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of GH Research in a research note on Tuesday, April 21st. HC Wainwright dropped their target price on shares of GH Research from $70.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, May 19th. Finally, Citigroup reiterated an “outperform” rating on shares of GH Research in a research note on Friday, May 15th.
Get Our Latest Stock Analysis on GH Research
Institutional Inflows and Outflows
GH Research Trading Down 7.8%
GH Research stock opened at $21.43 on Friday. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of -23.29 and a beta of 1.31. GH Research has a 1-year low of $11.32 and a 1-year high of $25.94. The firm’s fifty day moving average price is $19.54 and its two-hundred day moving average price is $16.48.
GH Research (NASDAQ:GHRS – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.04). On average, research analysts forecast that GH Research will post -1.46 EPS for the current year.
About GH Research
GH Research Holdings Inc is a clinical-stage biotechnology company dedicated to the development of novel treatments for neuropsychiatric disorders through the application of psychedelic-inspired compounds. Headquartered in Dublin, Ireland, the company focuses on harnessing the unique pharmacology of 5-methoxy-N-dimethyltryptamine (5-MeO-DMT) and related molecules to address high unmet medical needs in mental health.
The firm’s lead program, GH001, is an inhaled formulation of 5-MeO-DMT that has completed early-stage clinical trials assessing safety, tolerability and preliminary efficacy in treatment-resistant depression.
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