Millendo Therapeutics – Consensus Indicates Potential 77.8% Upside

Broker Ratings
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Millendo Therapeutics with ticker code (MLND) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 5 and 2 calculating the mean target price we have 4. Given that the stocks previous close was at 2.25 this now indicates there is a potential upside of 77.8%. The 50 day MA is 1.79 and the 200 moving average now moves to 1.79. The company has a market capitalisation of $43m. Visit the company website at: http://www.millendo.com

The potential market cap would be $76m based on the market concensus.

Millendo Therapeutics, a late-stage biopharmaceutical company, focuses on developing novel treatments for orphan endocrine diseases in the United States. Its lead product candidates include livoletide, a potential treatment for Prader-Willi syndrome; nevanimibe, a potential treatment for patients with classic congenital adrenal hyperplasia; and MLE-301, a neurokinin 3-receptor antagonist for the treatment of vasomotor symptoms in menopausal women. The company is headquartered in Ann Arbor, Michigan.

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