Other research analysts have also recently issued research reports about the stock. ValuEngine cut shares of Bioline RX from a hold rating to a sell rating in a report on Thursday, August 24th. Zacks Investment Research upgraded shares of Bioline RX from a sell rating to a hold rating in a report on Thursday, September 7th. Oppenheimer restated a buy rating and issued a $3.00 price objective on shares of Bioline RX in a report on Tuesday, September 12th. Finally, Maxim Group set a $3.00 price objective on shares of Bioline RX and gave the company a buy rating in a report on Monday, December 4th. Two research analysts have rated the stock with a sell rating and five have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $2.88.
Bioline RX (BLRX) traded up $0.03 during trading on Thursday, hitting $1.12. 1,410,100 shares of the stock were exchanged, compared to its average volume of 489,670. Bioline RX has a twelve month low of $0.80 and a twelve month high of $1.38.
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Bioline RX Company Profile
BioLine RX Ltd is an Israel-based company engaged in the development of therapeutics, from preclinical-stage development to advanced clinical trials, for a range of medical needs. Its clinical therapeutic candidates under development consist of BL-1020 that is in Phase II/III clinical trials to improve cognitive function in schizophrenia patients; BL-1040, which is under pivotal CE-Mark registration trial for the prevention of cardiac remodeling following an acute myocardial infarction; BL-5010, which has completed Phase I/II clinical trials for non-surgical removal of skin lesions; BL-1021 that has completed Phase Ia clinical trial for the treatment of neuropathic pain or pain that results from damage to nerve fibers, and BL-7040, a synthetic oligonucleotide, which is in Phase II clinical trial for the treatment of inflammatory bowel disease.
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