Affimed N.V. (NASDAQ:AFMD) has earned an average recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $5.38.

A number of equities research analysts have weighed in on AFMD shares. Oppenheimer Holdings, Inc. set a $10.00 price target on shares of Affimed N.V. and gave the company a “buy” rating in a report on Saturday, April 15th. Zacks Investment Research raised shares of Affimed N.V. from a “hold” rating to a “buy” rating and set a $2.75 price target for the company in a report on Wednesday, April 19th. Jefferies Group LLC upped their price target on shares of Affimed N.V. to $2.50 and gave the company a “hold” rating in a report on Wednesday, April 26th. ValuEngine raised shares of Affimed N.V. from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Finally, SunTrust Banks, Inc. started coverage on shares of Affimed N.V. in a report on Thursday, July 13th. They issued a “buy” rating and a $7.00 price target for the company.

A number of hedge funds have recently bought and sold shares of the company. Creative Planning increased its stake in Affimed N.V. by 7.7% in the second quarter. Creative Planning now owns 70,000 shares of the biopharmaceutical company’s stock valued at $144,000 after buying an additional 5,000 shares during the last quarter. Nationwide Fund Advisors increased its stake in Affimed N.V. by 9,542.0% in the first quarter. Nationwide Fund Advisors now owns 484,027 shares of the biopharmaceutical company’s stock valued at $1,113,000 after buying an additional 479,007 shares during the last quarter. Tekla Capital Management LLC increased its stake in Affimed N.V. by 377.7% in the first quarter. Tekla Capital Management LLC now owns 1,405,324 shares of the biopharmaceutical company’s stock valued at $3,232,000 after buying an additional 1,111,111 shares during the last quarter. NEA Management Company LLC bought a new stake in Affimed N.V. during the first quarter valued at about $8,944,000. Finally, Wellington Management Group LLP increased its stake in Affimed N.V. by 30.8% in the first quarter. Wellington Management Group LLP now owns 5,413,291 shares of the biopharmaceutical company’s stock valued at $12,450,000 after buying an additional 1,274,852 shares during the last quarter. Hedge funds and other institutional investors own 42.41% of the company’s stock.

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Affimed N.V. (AFMD) opened at 2.10 on Monday. The firm’s 50-day moving average is $2.22 and its 200 day moving average is $2.23. Affimed N.V. has a 12-month low of $1.65 and a 12-month high of $3.25. The stock’s market capitalization is $92.27 million.

Affimed N.V. (NASDAQ:AFMD) last issued its quarterly earnings results on Thursday, August 3rd. The biopharmaceutical company reported ($0.20) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.22) by $0.02. Affimed N.V. had a negative net margin of 978.31% and a negative return on equity of 73.85%. The company had revenue of $0.51 million during the quarter, compared to the consensus estimate of $1.31 million. During the same period in the prior year, the company earned ($0.24) EPS. Affimed N.V.’s revenue was down 75.4% on a year-over-year basis. Equities research analysts anticipate that Affimed N.V. will post ($0.86) earnings per share for the current year.

Affimed N.V. Company Profile

Affimed N.V. is a clinical-stage biopharmaceutical company focused on discovering and developing cancer immunotherapies. The Company’s product candidates are developed in the field of immuno-oncology, which represents an approach to cancer research that seeks to harness the body’s own immune system to fight tumor cells.

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