Oramed Pharmaceuticals (NASDAQ:ORMP)‘s stock had its “buy” rating reissued by equities researchers at B. Riley in a research note issued to investors on Monday. They currently have a $20.00 price objective on the biotechnology company’s stock. B. Riley’s price target points to a potential upside of 128.05% from the company’s previous close.
A number of other equities analysts have also commented on the company. ValuEngine lowered Oramed Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. HC Wainwright reaffirmed a “buy” rating and issued a $25.00 price target on shares of Oramed Pharmaceuticals in a report on Wednesday, November 22nd.
Oramed Pharmaceuticals (NASDAQ ORMP) opened at $8.77 on Monday. Oramed Pharmaceuticals has a twelve month low of $5.82 and a twelve month high of $11.34.
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About Oramed Pharmaceuticals
Oramed Pharmaceuticals Inc (Oramed) is engaged in the field of oral delivery solutions for drugs and vaccines presently delivered via injection. Oramed’s flagship product, an orally ingestible insulin capsule in phase II clinical trials, is focused on the treatment of diabetes. The Company is developing orally ingestible protein oral delivery (POD) technology for the delivery of drugs presently administered by way of injection.
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