Chiudi finestra

PTC Therapeutics stock gets Buy rating from UBS
14/07/2025 17:16
Descrizione al grafico: 3.34% Investing.com - UBS has reiterated a Buy rating and $71.00 price target on PTC Therapeutics (NASDAQ:PTCT), currently trading at $49.85, ahead of the company’s upcoming FDA decision for sepiapterin, a treatment for phenylketonuria (PKU). The company, with a market capitalization of $3.94 billion, has demonstrated strong financial performance with 91% revenue growth over the last twelve months. According to InvestingPro analysis, PTCT shows GREAT overall financial health with multiple positive indicators. The investment bank’s analysis follows discussions with a medical geneticist who treats approximately 320 PKU patients and provided insights on the treatment landscape, including current options like low-phenylalanine diet, Kuvan/sapropterin, and Palynziq. Trading at a P/E ratio of 6.42, PTCT’s valuation metrics and detailed analysis are available through InvestingPro’s comprehensive research reports. The medical expert indicated plans to switch the vast majority of their approximately 100 Kuvan/sapropterin patients to sepiapterin within the first year of availability, suggesting strong launch potential for the drug, which was recently approved in Europe as Sephience. UBS noted the high unmet need in the PKU market, as most patients on current therapies still require dietary restrictions, though the expert expressed some caution about sepiapterin’s effectiveness in classical PKU and Kuvan/sapropterin non-responders. The FDA’s decision on sepiapterin is expected by July 29, 2025, with UBS maintaining its positive outlook on PTC Therapeutics based on the potential market opportunity. Investors should note that PTCT’s next earnings report is scheduled for July 31, 2025, just days after the FDA decision, with analyst consensus remaining bullish on the company’s prospects.


Forse ti può interessare il grafico ptct weekly & c&h


Chiudi finestra