Arrowhead Pharmaceuticals (NASDAQ:ARWR) has been given a $2.00 price objective by investment analysts at Cantor Fitzgerald in a research note issued on Tuesday. The firm currently has a “hold” rating on the biotechnology company’s stock. Cantor Fitzgerald’s price target suggests a potential downside of 43.66% from the company’s current price.

A number of other equities research analysts also recently commented on the stock. BidaskClub downgraded shares of Arrowhead Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Saturday, December 2nd. ValuEngine upgraded shares of Arrowhead Pharmaceuticals from a “strong sell” rating to a “sell” rating in a report on Thursday, November 30th. Piper Jaffray Companies upgraded shares of Arrowhead Pharmaceuticals from a “neutral” rating to an “overweight” rating and set a $5.50 price target for the company in a report on Monday, November 27th. William Blair upgraded shares of Arrowhead Pharmaceuticals from a “market perform” rating to an “outperform” rating in a report on Monday, September 18th. Finally, Chardan Capital reissued a “neutral” rating on shares of Arrowhead Pharmaceuticals in a research report on Wednesday, September 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $3.17.

Shares of Arrowhead Pharmaceuticals (NASDAQ ARWR) opened at $3.55 on Tuesday. Arrowhead Pharmaceuticals has a twelve month low of $1.20 and a twelve month high of $4.54. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.84 and a current ratio of 3.84.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ING Groep NV acquired a new position in Arrowhead Pharmaceuticals during the third quarter valued at approximately $3,500,000. Geode Capital Management LLC lifted its position in Arrowhead Pharmaceuticals by 3.4% during the first quarter. Geode Capital Management LLC now owns 663,062 shares of the biotechnology company’s stock valued at $1,226,000 after buying an additional 21,654 shares in the last quarter. Allianz Asset Management GmbH acquired a new position in Arrowhead Pharmaceuticals during the third quarter valued at approximately $1,958,000. LMR Partners LLP acquired a new position in Arrowhead Pharmaceuticals during the second quarter valued at approximately $467,000. Finally, Schwab Charles Investment Management Inc. lifted its position in Arrowhead Pharmaceuticals by 10.4% during the third quarter. Schwab Charles Investment Management Inc. now owns 171,249 shares of the biotechnology company’s stock valued at $742,000 after buying an additional 16,103 shares in the last quarter. 20.20% of the stock is currently owned by institutional investors and hedge funds.

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Arrowhead Pharmaceuticals Company Profile

Arrowhead Pharmaceuticals, Inc, formerly Arrowhead Research Corporation, develops medicines that treat intractable diseases by silencing the genes that cause them. Using a portfolio of ribonucleic acid (RNA) chemistries and modes of delivery, the Company’s therapies trigger the RNA interference mechanism to induce knockdown of target genes.

Analyst Recommendations for Arrowhead Pharmaceuticals (NASDAQ:ARWR)

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