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Medexus Pharmaceuticals Inc. (TSE:MDP) Receives Consensus Recommendation of "Buy" from Brokerages

Medexus Pharmaceuticals logo with Medical background

Key Points

  • Medexus Pharmaceuticals Inc. has received a consensus rating of "Buy" from seven rating firms, with four analysts issuing a strong buy rating and the average 1-year price target set at C$5.49.
  • The company's stock has seen a 4.2% increase recently, with shares currently priced at C$2.75, and it has a market capitalization of C$61.57 million.
  • Medexus Pharmaceuticals specializes in products for auto-immune disease and pediatrics, including treatments like Rasuvo and Metoject for rheumatoid arthritis.
  • Five stocks to consider instead of Medexus Pharmaceuticals.

Medexus Pharmaceuticals Inc. (TSE:MDP - Get Free Report) has earned an average rating of "Buy" from the seven brokerages that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and four have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$5.49.

Separately, Alliance Global Partners upgraded shares of Medexus Pharmaceuticals to a "strong-buy" rating in a report on Monday, August 11th.

View Our Latest Report on Medexus Pharmaceuticals

Medexus Pharmaceuticals Stock Down 3.4%

Shares of TSE MDP traded down C$0.10 during trading on Wednesday, hitting C$2.85. 80,844 shares of the company traded hands, compared to its average volume of 73,354. The firm has a market capitalization of C$63.81 million, a P/E ratio of 13.63 and a beta of 1.96. The company has a 50-day moving average price of C$2.92 and a 200-day moving average price of C$2.79. Medexus Pharmaceuticals has a 1 year low of C$1.71 and a 1 year high of C$5.56.

About Medexus Pharmaceuticals

(Get Free Report)

Medexus Pharmaceuticals Inc, formerly Pediapharm Inc is a leading specialty pharmaceutical company with a strong North American commercial platform. It is focused on the therapeutic areas of auto-immune disease and pediatrics. The leading products are Rasuvo and Metoject, a unique formulation of methotrexate to treat rheumatoid arthritis and other auto-immune diseases; and Rupall, an innovative allergy medication with a unique mode of action.

See Also

Analyst Recommendations for Medexus Pharmaceuticals (TSE:MDP)

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