Sunesis Pharmaceuticals, Inc. (SNSS) Receives $4.16 Average Price Target from Analysts
Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) has received a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $4.16.
SNSS has been the subject of a number of recent research reports. Zacks Investment Research cut Sunesis Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Friday. ValuEngine raised Sunesis Pharmaceuticals from a “strong sell” rating to a “sell” rating in a report on Wednesday. Cantor Fitzgerald set a $3.00 target price on Sunesis Pharmaceuticals and gave the stock a “hold” rating in a report on Tuesday, December 5th. Cowen reaffirmed a “hold” rating on shares of Sunesis Pharmaceuticals in a report on Thursday, November 2nd. Finally, Oppenheimer initiated coverage on Sunesis Pharmaceuticals in a report on Tuesday, November 21st. They issued an “outperform” rating and a $7.00 target price for the company.
Shares of Sunesis Pharmaceuticals (SNSS) traded down $0.18 during mid-day trading on Friday, hitting $5.55. The company had a trading volume of 118,063 shares, compared to its average volume of 142,149. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of -0.34. Sunesis Pharmaceuticals has a twelve month low of $1.82 and a twelve month high of $6.24. The company has a market cap of $193.66, a P/E ratio of -2.99 and a beta of 1.71.
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About Sunesis Pharmaceuticals
Sunesis Pharmaceuticals, Inc is a biopharmaceutical company. The Company focuses on the development and commercialization of its pipeline of oncology therapeutics for the treatment of solid and hematologic cancers. The Company offers QINPREZO (vosaroxin), which is a product candidate for the treatment of acute myeloid leukemia (AML).
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