TiGenix – American Depositary Shares (TIG) Given Consensus Recommendation of “Strong Buy” by Brokerages
TiGenix – American Depositary Shares (NYSE:TIG) has received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus price objective of $19.00 for the company and are anticipating that the company will post ($0.03) earnings per share for the current quarter, according to Zacks. Zacks has also given TiGenix – American Depositary Shares an industry rank of 102 out of 265 based on the ratings given to related companies.
A number of equities research analysts have commented on TIG shares. Cowen and Company began coverage on shares of TiGenix – American Depositary Shares in a report on Monday, January 9th. They set an “outperform” rating on the stock. Canaccord Genuity reaffirmed a “buy” rating and issued a $22.00 target price on shares of TiGenix – American Depositary Shares in a research note on Monday, March 13th. Finally, Bank of America Corp began coverage on shares of TiGenix – American Depositary Shares in a research note on Monday, January 9th. They issued a “buy” rating and a $19.00 target price on the stock.
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TiGenix – American Depositary Shares (NYSE:TIG) opened at 15.75 on Thursday. TiGenix – American Depositary Shares has a 1-year low of $10.77 and a 1-year high of $16.79. The firm’s 50-day moving average is $15.65 and its 200-day moving average is $15.09. The firm has a market capitalization of $204.70 million and a price-to-earnings ratio of 39.38.
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