Telix on the buy list at Jarden
Shares in cancer biotech Telix Pharmaceuticals are up 51.5 per cent for the year, having gained 2.5 per cent for the session after Jarden initiated coverage of the stock with a “buy” rating.
Telix is developing a range of new cancer imaging and treatment products, targeting prostate and kidney cancers. The business hopes to get its first US approval for its prostate cancer imaging drug in December.
In a note to clients, analyst Steve Wheen says the company has a target price of $7.90 and an enterprise valuation of $2.1 billion. He pointed to the growing M&A activity in the pharmaceuticals sector, where a number of companies working on similar projects have been bought for up to $US3.9 billion.
“In comparison to a number of those acquisitions, in our view Telix has a greater, more advanced and more competitive pipeline of [molecular-targeted radiation] products,” he said.
- Forums
- ASX - By Stock
- Jarden valuation
Telix on the buy list at JardenShares in cancer biotech Telix...
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLX (ASX) to my watchlist
|
|||||
Last
$18.61 |
Change
0.130(0.70%) |
Mkt cap ! $6.227B |
Open | High | Low | Value | Volume |
$18.69 | $18.80 | $18.37 | $19.72M | 1.061M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 161 | $18.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.62 | 450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26 | 18.450 |
1 | 108 | 18.430 |
1 | 163 | 18.350 |
1 | 5000 | 18.310 |
3 | 6163 | 18.300 |
Price($) | Vol. | No. |
---|---|---|
18.620 | 450 | 1 |
18.700 | 400 | 1 |
18.900 | 1500 | 1 |
19.010 | 3200 | 2 |
19.050 | 512 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
TLX (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online