Analysts Set $45.00 Target Price for Versartis (NASDAQ:VSAR)

Versartis (NASDAQ:VSAR) has earned an average broker rating score of 1.00 (NA) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus target price of $45.00 for the company, according to Zacks. Zacks has also assigned Versartis an industry rank of 40 out of 265 based on the ratings given to its competitors.

In other Versartis news, CEO Jeffrey L. Cleland sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The shares were sold at an average price of $22.11, for a total transaction of $88,440.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of Versartis (NASDAQ:VSAR) opened at 22.45 on Friday. Versartis has a 1-year low of $16.153 and a 1-year high of $36.86. The stock’s 50-day moving average is $19.31 and its 200-day moving average is $21.43. The company’s market cap is $522.2 million.

Versartis (NASDAQ:VSAR) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.57) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.46) by $0.11. On average, analysts predict that Versartis will post $-3.19 earnings per share for the current fiscal year.

Versartis, Inc is an endocrine-focused biopharmaceutical company developing its long-acting recombinant human growth hormone, VRS-317, for growth hormone deficiency (NASDAQ:VSAR).

To get a free copy of the research report on Versartis (VSAR), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Versartis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Versartis and related companies with Analyst Ratings Network's FREE daily email newsletter.

Latest News

Instacart the Grocery Delivery Startup Raises $210 Million
Instacart the Grocery Delivery Startup Raises $210 Million
China Will Relax Regulations on Banks Renminbi Trading
China Will Relax Regulations on Banks Renminbi Trading
Subway in Safety Scandal in China over Food
Subway in Safety Scandal in China over Food
UPS and FedEx Make Improvements During Holiday Season
UPS and FedEx Make Improvements During Holiday Season
MasterCard Spending Report for Holidays Shows Weak Electronics
MasterCard Spending Report for Holidays Shows Weak Electronics
Gift Cards Have Become Hugely Popular, but Have Risks
Gift Cards Have Become Hugely Popular, but Have Risks


Leave a Reply

Advertisement
Advertisement
© 2006-2015 Leoncheng.