Millendo Therapeutics with ticker code (MLND) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 5 and 2 calculating the average target price we see 4. Given that the stocks previous close was at 2.25 this now indicates there is a potential upside of 77.8%. The day 50 moving average is 1.79 while the 200 day moving average is 1.79. The company has a market capitalisation of $43m. Company Website: 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.
