BioLife Solutions (BLFS, Financial) has recently received confirmation from HC Wainwright & Co., as analyst Yi Chen reiterated the company's "Buy" rating. The investment firm maintained its price target for BioLife Solutions at $30.00 USD. This reiteration confirms the previous rating and price target set by the analyst.
The current action by HC Wainwright & Co. indicates consistent confidence in BioLife Solutions' market performance and potential. The financial guidance remains unchanged with no percentage change in the price target being noted. This continued "Buy" rating highlights expectations for a positive performance trajectory for BioLife Solutions (BLFS, Financial) in the stock market.
Investors and market watchers interested in BioLife Solutions (BLFS, Financial) will be paying close attention to any further developments or announcements from the company that might impact its stock performance negatively or positively.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for BioLife Solutions Inc (BLFS, Financial) is $31.22 with a high estimate of $34.00 and a low estimate of $30.00. The average target implies an upside of 30.69% from the current price of $23.89. More detailed estimate data can be found on the BioLife Solutions Inc (BLFS) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, BioLife Solutions Inc's (BLFS, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BioLife Solutions Inc (BLFS, Financial) in one year is $24.19, suggesting a upside of 1.26% from the current price of $23.89. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BioLife Solutions Inc (BLFS) Summary page.
