Credit Suisse Group assumed coverage on shares of Galera Therapeutics (NASDAQ:GRTX) in a report issued on Monday, Benzinga reports. The firm issued a neutral rating and a $14.00 price target on the stock.

Other equities research analysts also recently issued research reports about the company. Bank of America started coverage on Galera Therapeutics in a report on Monday. They set a buy rating and a $15.00 price target on the stock. Citigroup started coverage on Galera Therapeutics in a report on Monday. They set a buy rating and a $20.00 price target on the stock.

Shares of NASDAQ GRTX opened at $12.07 on Monday. Galera Therapeutics has a 1-year low of $11.50 and a 1-year high of $14.88.

In other Galera Therapeutics news, major shareholder Enterprise Associates 14 New acquired 416,666 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were acquired at an average price of $11.79 per share, for a total transaction of $4,912,492.14. Also, insider Holdings A/S Novo acquired 500,000 shares of the company’s stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average price of $12.76 per share, for a total transaction of $6,380,000.00.

About Galera Therapeutics

Galera Therapeutics, Inc, a clinical-stage biotechnology company, focuses on the development and commercialization of therapeutics for the transformation of radiotherapy in cancer. The company's lead product candidate is GC4419, a small molecule dismutase mimetic, which is in Phase III clinical trial for the treatment of radiation-induced severe oral mucositis in patients with head and neck cancer, as well as in Phase I clinical trial for the treatment of radiotherapy-induced esophagitis.

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