Mesoblast Limited (MESO) to Post FY2018 Earnings of ($0.80) Per Share, Cantor Fitzgerald Forecasts
Mesoblast Limited (NASDAQ:MESO) – Equities researchers at Cantor Fitzgerald boosted their FY2018 earnings estimates for shares of Mesoblast Limited in a report issued on Monday. Cantor Fitzgerald analyst E. Piros now forecasts that the company will earn ($0.80) per share for the year, up from their prior forecast of ($1.16). Cantor Fitzgerald has a “Buy” rating and a $20.00 price objective on the stock.
Other analysts have also recently issued research reports about the stock. CIBC assumed coverage on shares of Mesoblast Limited in a research note on Thursday, August 31st. They issued an “outperform” rating and a $16.00 price objective for the company. Maxim Group set a $14.00 price objective on shares of Mesoblast Limited and gave the company a “buy” rating in a research note on Wednesday, August 16th. Zacks Investment Research cut shares of Mesoblast Limited from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 16th. ValuEngine cut shares of Mesoblast Limited from a “hold” rating to a “sell” rating in a research note on Friday, September 15th. Finally, Oppenheimer Holdings, Inc. assumed coverage on shares of Mesoblast Limited in a research note on Thursday, August 31st. They issued an “outperform” rating and a $16.00 price objective for the company. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $13.14.
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Shares of Mesoblast Limited (NASDAQ MESO) traded up $0.01 during midday trading on Wednesday, hitting $5.00. 14,600 shares of the company traded hands, compared to its average volume of 31,300. Mesoblast Limited has a 12-month low of $4.39 and a 12-month high of $12.50.
Mesoblast Limited Company Profile
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