Trillium Therapeutics Inc. (NASDAQ:TRIL) (TSE:TR) has been given a $7.00 price target by stock analysts at HC Wainwright in a research report issued on Monday. The firm currently has a “buy” rating on the biotechnology company’s stock. HC Wainwright’s target price suggests a potential upside of 60.92% from the company’s current price.

Several other research analysts have also recently weighed in on TRIL. Ladenburg Thalmann Financial Services reissued a “buy” rating and issued a $18.00 price objective on shares of Trillium Therapeutics in a research report on Friday, June 9th. Cowen and Company restated a “buy” rating on shares of Trillium Therapeutics in a research note on Wednesday, July 5th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $14.95.

Shares of Trillium Therapeutics (NASDAQ:TRIL) opened at 4.35 on Monday. Trillium Therapeutics has a 1-year low of $4.15 and a 1-year high of $17.70. The company’s market cap is $34.13 million. The company has a 50-day moving average price of $4.58 and a 200-day moving average price of $5.48.

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Hedge funds have recently added to or reduced their stakes in the stock. Baker BROS. Advisors LP bought a new stake in Trillium Therapeutics during the third quarter worth about $6,120,000. Susquehanna International Group LLP bought a new stake in Trillium Therapeutics during the third quarter worth about $372,000. Polar Capital LLP bought a new stake in Trillium Therapeutics during the third quarter worth about $488,000. Wells Fargo & Company MN raised its stake in Trillium Therapeutics by 1,080.0% in the third quarter. Wells Fargo & Company MN now owns 11,800 shares of the biotechnology company’s stock worth $175,000 after buying an additional 10,800 shares during the last quarter. Finally, Private Capital Advisors Inc. bought a new stake in Trillium Therapeutics during the third quarter worth about $2,167,000. Institutional investors own 45.94% of the company’s stock.

Analyst Recommendations for Trillium Therapeutics (NASDAQ:TRIL)

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