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Analysts Offer Insights on Healthcare Companies: Neurogene (NGNE), Alzamend Neuro (ALZN) and Cardiol Therapeutics (CRDL)

Tipranks - Wed Apr 8, 12:34PM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Neurogene (NGNE), Alzamend Neuro (ALZN) and Cardiol Therapeutics (CRDL) with bullish sentiments.

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Neurogene (NGNE)

Canaccord Genuity analyst Whitney Ijem maintained a Buy rating on Neurogene on April 2 and set a price target of $180.00. The company’s shares closed last Tuesday at $20.65, close to its 52-week low of $13.47.

According to TipRanks.com, Ijem is a 5-star analyst with an average return of 24.2% and a 48.9% success rate. Ijem covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Vertex Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Neurogene with a $86.50 average price target, which is a 322.6% upside from current levels. In a report issued on March 23, LifeSci Capital also maintained a Buy rating on the stock with a $50.00 price target.

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Alzamend Neuro (ALZN)

In a report issued on April 5, Edward Woo from Ascendiant maintained a Buy rating on Alzamend Neuro, with a price target of $25.00. The company’s shares closed last Tuesday at $0.95, close to its 52-week low of $0.64.

According to TipRanks.com, Woo is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.6% and a 29.2% success rate. Woo covers the Healthcare sector, focusing on stocks such as Outlook Therapeutics, ENDRA Life Sciences, and Aytu BioScience. ;'>

Alzamend Neuro has an analyst consensus of Moderate Buy, with a price target consensus of $25.00.

Cardiol Therapeutics (CRDL)

Canaccord Genuity analyst Edward Nash maintained a Buy rating on Cardiol Therapeutics on April 2 and set a price target of $8.00. The company’s shares closed last Tuesday at $1.39.

According to TipRanks.com, Nash is a 5-star analyst with an average return of 23.5% and a 47.6% success rate. Nash covers the Healthcare sector, focusing on stocks such as Sagimet Biosciences, Inc. Class A, Rani Therapeutics Holdings, and Madrigal Pharmaceuticals. ;'>

Currently, the analyst consensus on Cardiol Therapeutics is a Moderate Buy with an average price target of $8.50, which is a 525.0% upside from current levels. In a report issued on April 2, H.C. Wainwright also reiterated a Buy rating on the stock with a $9.00 price target.

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