Asante Solutions Inc (NASDAQ:PUMP) has been assigned a $20.00 price objective by Royal Bank Of Canada in a report released on Sunday. The firm currently has a “buy” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 36.80% from the company’s current price.

PUMP has been the topic of a number of other research reports. Piper Jaffray Companies restated a “buy” rating and issued a $14.00 price target on shares of Asante Solutions in a research report on Tuesday, September 19th. Zacks Investment Research downgraded shares of Asante Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Capital One Financial Corporation restated an “overweight” rating on shares of Asante Solutions in a research report on Thursday, July 27th. Jefferies Group LLC initiated coverage on shares of Asante Solutions in a research report on Thursday, October 5th. They issued a “buy” rating and a $18.00 price target on the stock. Finally, BidaskClub upgraded shares of Asante Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $18.73.

Shares of Asante Solutions (NASDAQ:PUMP) remained flat at $14.62 during midday trading on Friday. 656,096 shares of the company were exchanged. The company’s market capitalization is $1.21 billion. Asante Solutions has a 12 month low of $10.84 and a 12 month high of $15.71. The company has a 50-day moving average of $13.43 and a 200-day moving average of $13.16.

COPYRIGHT VIOLATION NOTICE: “Asante Solutions Inc (PUMP) Given a $20.00 Price Target by Royal Bank Of Canada Analysts” was first published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/10/23/asante-solutions-inc-pump-given-a-20-00-price-target-by-royal-bank-of-canada-analysts.html.

Several institutional investors have recently made changes to their positions in PUMP. Viking Fund Management LLC increased its position in shares of Asante Solutions by 29.1% in the third quarter. Viking Fund Management LLC now owns 1,020,000 shares of the company’s stock worth $14,637,000 after purchasing an additional 230,000 shares during the last quarter. California State Teachers Retirement System bought a new position in shares of Asante Solutions in the second quarter worth approximately $625,000. State Street Corp bought a new position in shares of Asante Solutions in the second quarter worth approximately $5,033,000. Fred Alger Management Inc. bought a new position in shares of Asante Solutions in the second quarter worth approximately $3,497,000. Finally, Balyasny Asset Management LLC bought a new position in shares of Asante Solutions in the second quarter worth approximately $4,841,000.

Asante Solutions Company Profile

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.

Analyst Recommendations for Asante Solutions (NASDAQ:PUMP)

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.