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Analysts Are Bullish on These Healthcare Stocks: Oncolytics Biotech (ONCY), Lineage Therap (LCTX)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Oncolytics Biotech (ONCYResearch Report) and Lineage Therap (LCTXResearch Report) with bullish sentiments.

Oncolytics Biotech (ONCY)

In a report released yesterday, Jason McCarthy from Maxim Group maintained a Buy rating on Oncolytics Biotech, with a price target of $5.00. The company’s shares closed last Friday at $1.17, close to its 52-week low of $0.88.

According to TipRanks.com, McCarthy is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -17.4% and a 28.5% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Lipella Pharmaceuticals, Inc., SELLAS Life Sciences Group, and Actinium Pharmaceuticals.

Oncolytics Biotech has an analyst consensus of Strong Buy, with a price target consensus of $4.62.

See Insiders’ Hot Stocks on TipRanks >>

Lineage Therap (LCTX)

In a report released yesterday, Michael Okunewitch from Maxim Group maintained a Buy rating on Lineage Therap, with a price target of $5.00. The company’s shares closed last Friday at $1.17.

According to TipRanks.com, Okunewitch is ranked 0 out of 5 stars with an average return of -14.7% and a 26.4% success rate. Okunewitch covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., BioRestorative Therapies, and Anebulo Pharmaceuticals.

Currently, the analyst consensus on Lineage Therap is a Strong Buy with an average price target of $5.25, a 356.5% upside from current levels. In a report issued on May 6, Robert W. Baird also maintained a Buy rating on the stock with a $5.00 price target.

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