Ra Pharmaceuticals (RARX) Given Coverage Optimism Score of 0.17

News coverage about Ra Pharmaceuticals (NASDAQ:RARX) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ra Pharmaceuticals earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.8305495454226 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Ra Pharmaceuticals (NASDAQ RARX) traded down $0.16 on Friday, reaching $7.51. 247,463 shares of the company’s stock were exchanged, compared to its average volume of 252,803. Ra Pharmaceuticals has a 1 year low of $7.15 and a 1 year high of $27.84.

Ra Pharmaceuticals (NASDAQ:RARX) last posted its quarterly earnings data on Thursday, November 9th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.62) by ($0.06). sell-side analysts anticipate that Ra Pharmaceuticals will post -2.46 earnings per share for the current fiscal year.

Several analysts recently issued reports on the stock. Zacks Investment Research raised shares of Ra Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Tuesday, September 19th. Credit Suisse Group lifted their price objective on shares of Ra Pharmaceuticals from $19.00 to $23.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Jefferies Group set a $25.00 price objective on shares of Ra Pharmaceuticals and gave the stock a “buy” rating in a report on Friday, August 25th. BMO Capital Markets lifted their price objective on shares of Ra Pharmaceuticals in a report on Tuesday. Finally, Royal Bank Of Canada initiated coverage on shares of Ra Pharmaceuticals in a report on Thursday, September 14th. They set an “outperform” rating and a $21.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $23.20.

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About Ra Pharmaceuticals

Ra Pharmaceuticals, Inc is a United States-based clinical-stage biopharmaceutical company. The Company focuses on the development of therapeutics for diseases of complement dysregulation and a range of orphan indications. It utilizes small molecules and peptide approaches to address pathological targets in the complement cascade.

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