Asante Solutions Inc (PUMP) Research Coverage Started at Jefferies Group LLC
Investment analysts at Jefferies Group LLC assumed coverage on shares of Asante Solutions Inc (NASDAQ:PUMP) in a research note issued on Thursday, Marketbeat reports. The firm set a “buy” rating and a $18.00 price target on the stock. Jefferies Group LLC’s price target would indicate a potential upside of 21.38% from the stock’s current price.
Several other research analysts have also recently commented on the stock. BidaskClub upgraded shares of Asante Solutions from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. Piper Jaffray Companies reiterated a “buy” rating and set a $14.00 price target on shares of Asante Solutions in a report on Tuesday, September 19th. Credit Suisse Group set a $15.00 price target on shares of Asante Solutions and gave the stock a “buy” rating in a report on Friday, August 11th. Capital One Financial Corporation reiterated an “overweight” rating on shares of Asante Solutions in a report on Thursday, July 27th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $19.00 price target on shares of Asante Solutions in a report on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Asante Solutions presently has a consensus rating of “Buy” and a consensus target price of $18.64.
Shares of Asante Solutions (NASDAQ:PUMP) traded up 3.56% during midday trading on Thursday, reaching $14.83. 1,585,415 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $12.39 and its 200 day moving average price is $13.07. The stock’s market capitalization is $1.23 billion. Asante Solutions has a 1-year low of $10.84 and a 1-year high of $15.30.
COPYRIGHT VIOLATION WARNING: “Asante Solutions Inc (PUMP) Research Coverage Started at Jefferies Group LLC” was originally published by American Banking News and is owned by of American Banking News. If you are accessing this story on another domain, it was stolen and republished in violation of United States & international copyright & trademark laws. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/10/05/asante-solutions-inc-pump-research-coverage-started-at-jefferies-group-llc.html.
Several institutional investors have recently modified their holdings of PUMP. Nationwide Fund Advisors acquired a new position in shares of Asante Solutions in the 1st quarter valued at $326,000. UBS Asset Management Americas Inc. acquired a new position in shares of Asante Solutions in the 1st quarter valued at $13,184,000. Weiss Multi Strategy Advisers LLC acquired a new position in shares of Asante Solutions in the 1st quarter valued at $1,611,000. Tudor Investment Corp ET AL acquired a new position in shares of Asante Solutions in the 1st quarter valued at $322,000. Finally, Teachers Retirement System of The State of Kentucky acquired a new position in shares of Asante Solutions in the 1st quarter valued at $677,000.
About Asante Solutions
Asante Solutions, Inc is a medical device company. The Company is a manufacturer of Asante Snap Insulin Pump System (Snap system), which is a pump featuring a modular design with pre-filled insulin cartridges and disposable pump bodies, utilized in combination with a controller. The Snap system comprises four components: the Snap system controller, a disposable pump body, disposable pre-filled insulin cartridges and disposable infusion sets.
Receive News & Ratings for Asante Solutions Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asante Solutions Inc and related companies with MarketBeat.com's FREE daily email newsletter.