The mean of analysts' price targets for Benitec Biopharma (BNTC) points to an 87.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Benitec Biopharma (BNTC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
In the past week or so, beneficial owners Carl Icahn and Mario Gabelli made some big bets in Monro Inc.
| Biotechnology Industry | Healthcare Sector | Jerel A. Banks CEO | NASDAQ (CM) Exchange | 08205P100 CUSIP |
| US Country | 16 Employees | - Last Dividend | 26 Jul 2023 Last Split | 18 Aug 2015 IPO Date |
Benitec Biopharma Inc. is a pioneering clinical-stage biotechnology company fervently engaged in the advancement of innovative genetic medicines. With a keen focus on tackling chronic and life-threatening human conditions, Benitec's scientific endeavors are powered by DNA-directed RNA interference (RNAi) technology. This groundbreaking approach allows for the precise silencing of specific genes responsible for disease, heralding a new era in medical therapy. Since its incorporation in 1995, the company has been at the forefront of genetic research and therapy development, establishing its headquarters in Hayward, California.
BB-301
At the core of Benitec Biopharma's innovative product pipeline stands BB-301, an adeno-associated virus (AAV) based gene therapy agent. This leading-edge treatment is designed specifically for patients suffering from oculopharyngeal muscular dystrophy (OPMD), a rare and debilitating genetic condition. OPMD often leads to progressive muscle weakness, affecting vital functions such as eye movement and swallowing. By harnessing the power of gene therapy, BB-301 aims to correct the genetic abnormalities at the root of OPMD, offering hope for a significant improvement in the quality of life for patients afflicted by this challenging condition.