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Bicara Therapeutics Inc. (NASDAQ:BCAX) Receives Consensus Rating of "Buy" from Analysts

Bicara Therapeutics logo with Medical background

Shares of Bicara Therapeutics Inc. (NASDAQ:BCAX - Get Free Report) have received a consensus rating of "Buy" from the eight research firms that are covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $41.20.

BCAX has been the topic of several recent research reports. Wedbush reiterated an "outperform" rating and issued a $31.00 price target on shares of Bicara Therapeutics in a research note on Wednesday, February 12th. HC Wainwright lifted their target price on Bicara Therapeutics from $42.00 to $45.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Rodman & Renshaw started coverage on Bicara Therapeutics in a research report on Tuesday, November 5th. They set a "buy" rating and a $48.00 price target for the company. Finally, RODMAN&RENSHAW raised Bicara Therapeutics to a "strong-buy" rating in a research report on Tuesday, November 5th.

Check Out Our Latest Stock Report on Bicara Therapeutics

Bicara Therapeutics Stock Up 2.7 %

Shares of BCAX traded up $0.36 during mid-day trading on Friday, hitting $13.48. 180,535 shares of the company's stock were exchanged, compared to its average volume of 352,690. The stock has a 50-day moving average of $14.83. Bicara Therapeutics has a 52 week low of $11.10 and a 52 week high of $28.09.

Institutional Trading of Bicara Therapeutics

Hedge funds have recently made changes to their positions in the business. Spire Wealth Management bought a new position in Bicara Therapeutics in the 4th quarter valued at about $31,000. BNP Paribas Financial Markets acquired a new position in shares of Bicara Therapeutics in the fourth quarter valued at approximately $32,000. Legal & General Group Plc acquired a new position in shares of Bicara Therapeutics in the fourth quarter valued at approximately $33,000. Summit Investment Advisors Inc. bought a new position in shares of Bicara Therapeutics during the fourth quarter worth approximately $35,000. Finally, Virtus ETF Advisers LLC acquired a new stake in Bicara Therapeutics during the 4th quarter worth approximately $69,000.

About Bicara Therapeutics

(Get Free Report

Bicara Therapeutics Inc, a clinical-stage biopharmaceutical company, develops bifunctional therapies for solid tumors. Its lead program is ficerafusp alfa, a bifunctional antibody that combines an epidermal growth factor receptor (EGFR) directed monoclonal antibody with a domain that binds to human transforming growth factor beta (TGF-b) for the treatment of solid tumors.

Further Reading

Analyst Recommendations for Bicara Therapeutics (NASDAQ:BCAX)

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