Shares of Advanced Accelerator Applications S.A. (NASDAQ:AAAP) have been given a consensus recommendation of “Buy” by the eight analysts that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $54.00.

AAAP has been the subject of several recent research reports. JMP Securities raised shares of Advanced Accelerator Applications from a “market perform” rating to an “outperform” rating and set a $69.00 price objective for the company in a research report on Thursday, July 27th. BidaskClub raised shares of Advanced Accelerator Applications from a “sell” rating to a “hold” rating in a research report on Friday, June 23rd. Jefferies Group LLC reissued a “buy” rating and issued a $50.00 price objective on shares of Advanced Accelerator Applications in a research report on Friday, June 23rd. Canaccord Genuity set a $47.00 price objective on shares of Advanced Accelerator Applications and gave the stock a “buy” rating in a research report on Wednesday, May 31st. Finally, TheStreet lowered shares of Advanced Accelerator Applications from a “c-” rating to a “d” rating in a research report on Wednesday, June 14th.

Advanced Accelerator Applications (NASDAQ:AAAP) opened at 49.25 on Tuesday. Advanced Accelerator Applications has a 12 month low of $23.50 and a 12 month high of $51.02.

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Large investors have recently added to or reduced their stakes in the company. OppenheimerFunds Inc. acquired a new stake in Advanced Accelerator Applications during the first quarter valued at about $39,009,000. Artisan Partners Limited Partnership raised its stake in Advanced Accelerator Applications by 29.2% in the second quarter. Artisan Partners Limited Partnership now owns 547,338 shares of the company’s stock valued at $21,368,000 after buying an additional 123,619 shares during the last quarter. PointState Capital LP acquired a new stake in Advanced Accelerator Applications during the second quarter valued at about $5,247,000. Clearbridge Investments LLC acquired a new stake in Advanced Accelerator Applications during the first quarter valued at about $3,471,000. Finally, Morgan Stanley raised its stake in Advanced Accelerator Applications by 2,208.1% in the first quarter. Morgan Stanley now owns 72,358 shares of the company’s stock valued at $2,884,000 after buying an additional 69,223 shares during the last quarter. 40.59% of the stock is owned by institutional investors.

About Advanced Accelerator Applications

Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.

Analyst Recommendations for Advanced Accelerator Applications (NASDAQ:AAAP)

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