Regulus Therapeutics (RGLS) Receives “Outperform” Rating from Wedbush
Wedbush reiterated their outperform rating on shares of Regulus Therapeutics (NASDAQ:RGLS) in a report released on Monday morning. Wedbush currently has a $4.00 price target on the biopharmaceutical company’s stock. Wedbush also issued estimates for Regulus Therapeutics’ FY2017 earnings at ($0.95) EPS, Q2 2018 earnings at ($0.11) EPS, Q3 2018 earnings at ($0.11) EPS, Q4 2018 earnings at ($0.11) EPS, FY2018 earnings at ($0.46) EPS, FY2019 earnings at ($0.48) EPS, FY2020 earnings at ($0.56) EPS and FY2021 earnings at ($0.21) EPS.
Other research analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Regulus Therapeutics from a buy rating to a hold rating in a research report on Tuesday, September 19th. Needham & Company LLC reaffirmed a hold rating on shares of Regulus Therapeutics in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $2.60.
Regulus Therapeutics (NASDAQ RGLS) opened at $0.90 on Monday. Regulus Therapeutics has a 12-month low of $0.79 and a 12-month high of $2.75. The company has a debt-to-equity ratio of 0.41, a quick ratio of 6.77 and a current ratio of 6.77.
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About Regulus Therapeutics
Regulus Therapeutics Inc is a biopharmaceutical company focused on discovering and developing drugs that target microRNAs to treat a range of diseases. The Company uses its microRNA product platform to develop chemically modified, single-stranded oligonucleotides that the Company calls anti-miRs to modulate microRNAs and return diseased cells to their healthy state.
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