Matthew Cross, analyst at Alliance Global Partners, reiterates coverage on MEI Pharma (MEIP) in the Healthcare sector with a Buy rating. TipRanks.com has Cross rated as a 4 star analyst with a 10% return on investment and a 39% success rate. Cross has set a price target of $9.00 .
TipRanks.com reports that MEIP currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $9.88 . The target pricing ranges from a high forecast of $11.50 down to a low forecast of $9.00 .
MEIP’s last closing price was $2.89 which would put the average price target at 241.87% upside.
In addition, TradingView issued a Sell rating for MEIP over the next month.
Remember, securities are volatile, so please do your own research on MEIP.
Other analysts covering MEIP include:
- Andrew Fein of H C Wainwright issued a buy rate with the price target of $10 on September 2nd
- Adam Evertts PhD of LifeSci Capital issued a buy rate with the price target of $9 on August 30th
- Leah R Cann of Brookline Capital Markets issued a buy rate with the price target of $11.50 in August
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