SAB Biotherapeutics, Inc. (NASDAQ:SABS – Get Free Report) has earned an average recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. One research 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 1-year price target among brokerages that have issued a report on the stock in the last year is $12.00.
A number of equities research analysts recently commented on SABS shares. HC Wainwright reaffirmed a “buy” rating and set a $10.00 target price on shares of SAB Biotherapeutics in a report on Monday, June 15th. Barclays started coverage on SAB Biotherapeutics in a report on Wednesday, June 24th. They issued an “overweight” rating and a $13.00 price objective for the company. Leerink Partners raised their price objective on shares of SAB Biotherapeutics from $7.00 to $12.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Weiss Ratings upgraded SAB Biotherapeutics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 17th. Finally, Chardan Capital upped their price target on SAB Biotherapeutics from $14.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th.
Read Our Latest Report on SAB Biotherapeutics
Institutional Trading of SAB Biotherapeutics
SAB Biotherapeutics Price Performance
NASDAQ SABS opened at $2.98 on Wednesday. The firm’s fifty day simple moving average is $3.59 and its two-hundred day simple moving average is $3.69. The firm has a market capitalization of $271.15 million, a P/E ratio of -2.29 and a beta of 0.58. The company has a current ratio of 9.22, a quick ratio of 9.22 and a debt-to-equity ratio of 0.01. SAB Biotherapeutics has a 12-month low of $1.97 and a 12-month high of $5.15.
SAB Biotherapeutics (NASDAQ:SABS – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported ($0.28) earnings per share for the quarter, hitting the consensus estimate of ($0.28). Analysts forecast that SAB Biotherapeutics will post -1.17 EPS for the current fiscal year.
About SAB Biotherapeutics
SAB Biotherapeutics, Inc is a clinical-stage biopharmaceutical company developing targeted antibody-based medicines for infectious diseases and immune-mediated conditions. The company’s approach is designed to produce fully human polyclonal antibodies that can recognize and neutralize multiple targets associated with a disease.
SAB’s technology platform, known as DiversitAb, uses genetically engineered cattle that are capable of producing human antibodies. Antibodies harvested from the animals’ plasma are evaluated for potential use as therapeutics.
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