ObsEva SA (NASDAQ:OBSV) posted its quarterly earnings data on Tuesday. The company reported ($0.59) EPS for the quarter, missing analysts’ consensus estimates of ($0.58) by ($0.01), Briefing.com reports. ObsEva SA’s revenue for the quarter was up NaN% compared to the same quarter last year.
Shares of ObsEva SA (NASDAQ:OBSV) opened at $11.67 on Wednesday. ObsEva SA has a 52-week low of $5.00 and a 52-week high of $14.69.
A number of research firms have commented on OBSV. HC Wainwright reissued a “buy” rating and issued a $25.00 price objective on shares of ObsEva SA in a research note on Wednesday, November 8th. Royal Bank Of Canada reissued a “buy” rating and issued a $22.00 price objective on shares of ObsEva SA in a research note on Thursday, November 2nd. Zacks Investment Research raised ObsEva SA from a “sell” rating to a “buy” rating and set a $11.00 price objective on the stock in a research note on Wednesday, October 18th. Credit Suisse Group began coverage on ObsEva SA in a research note on Monday, October 9th. They issued an “outperform” rating and a $16.00 price objective on the stock. Finally, Leerink Swann reissued an “outperform” rating and issued a $18.00 price objective on shares of ObsEva SA in a research note on Wednesday, August 16th. Six analysts have rated the stock with a buy rating, ObsEva SA has a consensus rating of “Buy” and a consensus price target of $18.83.
ObsEva SA Company Profile
Obseva SA is a Switzerland-based company active in the pharmaceutical and medical research sector. The Company develops oral compounds to treat women’s reproductive health conditions from conception to birth. Its pipeline includes three product candidates: OBE2109 is an oral gonadotropin-releasing hormone (GnRH) receptor antagonist that binds to and blocks the endogenous GnRH from activating its pituitary receptors, which reduces estrogen production by the ovaries and leads to amenorrhea.
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