ValuEngine downgraded shares of Paratek Pharmaceuticals (NASDAQ:PRTK) from a sell rating to a strong sell rating in a research report released on Friday.
A number of other equities analysts have also commented on the stock. BidaskClub lowered shares of Paratek Pharmaceuticals from a sell rating to a strong sell rating in a research report on Saturday, December 2nd. Zacks Investment Research upgraded shares of Paratek Pharmaceuticals from a sell rating to a hold rating in a research report on Wednesday, November 1st. Robert W. Baird restated a buy rating and issued a $40.00 price objective on shares of Paratek Pharmaceuticals in a research report on Tuesday, October 24th. Guggenheim started coverage on shares of Paratek Pharmaceuticals in a research report on Tuesday, October 24th. They set a buy rating and a $44.00 target price for the company. Finally, Cantor Fitzgerald set a $50.00 target price on shares of Paratek Pharmaceuticals and gave the company a buy rating in a research report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of $40.00.
Paratek Pharmaceuticals (PRTK) opened at $17.90 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 10.53 and a quick ratio of 10.53. Paratek Pharmaceuticals has a 1 year low of $13.95 and a 1 year high of $29.00. The company has a market cap of $500.14, a P/E ratio of -4.80 and a beta of 0.69.
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About Paratek Pharmaceuticals
Paratek Pharmaceuticals, Inc is a clinical-stage biopharmaceutical company. The Company is focused on the development and commercialization of therapeutics based upon tetracycline chemistry. Its product candidates are the antibacterials omadacycline and sarecycline. Omadacycline is an antibiotic being developed for use as an empiric monotherapy option for patients suffering from serious, community-acquired bacterial infections.
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