Vical Incorporated (VICL) PT Set at $9.00 by HC Wainwright
Vical Incorporated (NASDAQ:VICL) received a $9.00 target price from research analysts at HC Wainwright in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the biotechnology company’s stock. HC Wainwright’s price objective would indicate a potential upside of 273.44% from the stock’s current price.
Separately, Rodman & Renshaw restated a “buy” rating and set a $9.00 price objective on shares of Vical in a report on Monday.
Vical (VICL) traded down 1.5726% during trading on Monday, reaching $2.3721. The company had a trading volume of 66,228 shares. The stock’s market cap is $26.32 million. Vical has a 12-month low of $2.05 and a 12-month high of $4.80. The firm has a 50-day moving average price of $2.31 and a 200 day moving average price of $2.27.
Vical (NASDAQ:VICL) last posted its quarterly earnings data on Monday, May 15th. The biotechnology company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.07. Vical had a negative return on equity of 21.06% and a negative net margin of 71.38%. The company had revenue of $3.21 million for the quarter. Equities research analysts predict that Vical will post ($1.03) EPS for the current fiscal year.
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Several hedge funds and other institutional investors have recently bought and sold shares of VICL. Renaissance Technologies LLC increased its position in Vical by 29.8% in the first quarter. Renaissance Technologies LLC now owns 2,073,599 shares of the biotechnology company’s stock valued at $811,000 after buying an additional 476,499 shares during the last quarter. ClariVest Asset Management LLC acquired a new stake in Vical during the second quarter worth $208,000. FMR LLC boosted its stake in Vical by 1.8% in the fourth quarter. FMR LLC now owns 1,006,875 shares of the biotechnology company’s stock worth $2,316,000 after buying an additional 17,967 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Vical by 7.2% in the first quarter. Vanguard Group Inc. now owns 219,811 shares of the biotechnology company’s stock worth $490,000 after buying an additional 14,818 shares during the last quarter. Institutional investors own 23.65% of the company’s stock.
Vical Company Profile
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