Arix Bioscience (ARIX) Receives “Buy” Rating from Jefferies Financial Group

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Arix Bioscience (LON:ARIX)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday. They currently have a GBX 288 ($3.76) price objective on the stock. Jefferies Financial Group’s target price suggests a potential upside of 78.88% from the stock’s current price.

Shares of LON ARIX opened at GBX 161 ($2.10) on Tuesday. Arix Bioscience has a fifty-two week low of GBX 169.50 ($2.21) and a fifty-two week high of GBX 220 ($2.87).

About Arix Bioscience

Arix Bioscience plc, formerly known as Perceptive Bioscience Investments Limited, is a venture capital firm specializing in seed, startup, early stage, mid venture, late stage, growth capital investments as well as private and public equity. The firm seeks to invest in medical innovation comprising healthcare and life sciences.

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