OncoSec Medical Inc (ONCS) Receives Consensus Rating of “Buy” from Brokerages

Shares of OncoSec Medical Inc (NASDAQ:ONCS) have been assigned a consensus rating of “Buy” from the six analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $5.33.

A number of analysts have recently weighed in on the stock. Piper Jaffray Companies assumed coverage on shares of OncoSec Medical in a research report on Friday. They issued an “overweight” rating on the stock. ValuEngine raised shares of OncoSec Medical from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 9th. HC Wainwright set a $6.00 target price on shares of OncoSec Medical and gave the stock a “buy” rating in a research report on Friday, January 19th. Finally, Maxim Group reaffirmed a “buy” rating and issued a $5.00 target price on shares of OncoSec Medical in a research report on Thursday, October 26th.

Shares of OncoSec Medical (NASDAQ:ONCS) opened at $1.70 on Friday. The firm has a market cap of $58.25, a PE ratio of -1.59 and a beta of 3.37. OncoSec Medical has a 1 year low of $0.88 and a 1 year high of $2.95.

In other news, CEO Daniel J. O’connor purchased 16,667 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The shares were bought at an average price of $1.50 per share, for a total transaction of $25,000.50. Following the purchase, the chief executive officer now directly owns 16,667 shares in the company, valued at approximately $25,000.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 5.50% of the company’s stock.

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About OncoSec Medical

OncoSec Medical Incorporated is a biotechnology company. The Company is focused on designing, developing and commercializing gene therapies, therapeutics and medical approaches to stimulate an anti-tumor immune response for the treatment of cancer. The Company’s lead product candidate, ImmunoPulse IL-12, consists of a plasmid construct encoding the proinflammatory cytokine, IL-12, which is delivered into the tumor through in vivo electroporation.

Analyst Recommendations for OncoSec Medical (NASDAQ:ONCS)

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