Spero Therapeutics (SPRO) Given a $30.00 Price Target by Oppenheimer Analysts
Spero Therapeutics (NASDAQ:SPRO) has been assigned a $30.00 target price by research analysts at Oppenheimer in a research report issued on Monday. The firm presently has a “buy” rating on the stock. Oppenheimer’s price target points to a potential upside of 180.37% from the company’s previous close.
A number of other brokerages also recently commented on SPRO. Bank of America began coverage on Spero Therapeutics in a report on Monday, November 27th. They issued a “neutral” rating for the company. Stifel Nicolaus began coverage on Spero Therapeutics in a report on Monday, November 27th. They issued a “buy” rating and a $26.00 price target for the company. Finally, Cowen began coverage on Spero Therapeutics in a report on Monday, November 27th. They issued an “outperform” rating for the company.
Shares of Spero Therapeutics (NASDAQ:SPRO) opened at $10.70 on Monday. Spero Therapeutics has a 12 month low of $9.84 and a 12 month high of $15.40.
In other news, CFO Joel Sendek bought 5,000 shares of Spero Therapeutics stock in a transaction on Monday, November 6th. The shares were bought at an average price of $14.00 per share, with a total value of $70,000.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Plc Glaxosmithkline bought 428,571 shares of Spero Therapeutics stock in a transaction on Monday, November 6th. The shares were purchased at an average cost of $14.00 per share, for a total transaction of $5,999,994.00. The disclosure for this purchase can be found here. Insiders purchased 649,356 shares of company stock valued at $9,090,984 in the last three months.
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About Spero Therapeutics
SmartPros Ltd. is engaged in provision of learning and educational solutions in content areas that target specific markets, including accounting/finance, legal, engineering, securities and insurance. The Company also provides education in banking, finance, taxation, information technology, health and safety, human resources and compliance for the general corporate market.
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