Aytu Bioscience Inc (AYTU) Rating Reiterated by HC Wainwright
Aytu Bioscience Inc (NASDAQ:AYTU)‘s stock had its “buy” rating reiterated by equities research analysts at HC Wainwright in a research note issued to investors on Thursday. They presently have a $9.00 target price on the stock. HC Wainwright’s price objective would suggest a potential upside of 176.07% from the stock’s previous close.
Separately, Rodman & Renshaw assumed coverage on shares of Aytu Bioscience in a research report on Monday, September 26th. They issued a “buy” rating and a $9.00 price target on the stock.
Aytu Bioscience (NASDAQ:AYTU) opened at 3.26 on Thursday. The firm’s 50-day moving average is $3.62 and its 200 day moving average is $4.76. Aytu Bioscience has a 52-week low of $3.01 and a 52-week high of $57.00. The stock’s market capitalization is $16.53 million.
Aytu Bioscience Company Profile
Aytu Bioscience, Inc, formerly Rosewind Corporation, is a healthcare company. The Company is focused on developing treatments for urological and related conditions. The Company’s pipeline of products includes Zertane, and Zertane and a phosphodiesterase type 5 (PDE-5). The Company is conducting Phase III clinical development for its lead therapeutic candidate Zertane, an orally disintegrating tablet (ODT) formulated for the treatment of premature ejaculation (PE).
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