Swedish Orphan Bio Spon (NASDAQ:SWTUY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Saturday. The brokerage presently has a $17.00 price objective on the stock. Zacks Investment Research‘s price objective points to a potential upside of 18.88% from the company’s previous close.

According to Zacks, “Swedish Orphan Biovitrum AB is a biopharmaceutical company which develops and makes drugs for patients with rare diseases. Its product portfolio primarily includes Kineret within the inflammation therapeutic area, Orfadin, Ammonaps and Ammonul within the genetics and metabolic therapeutic which are in clinical trial stage. Swedish Orphan Biovitrum AB is headquartered in Stockholm, Sweden. “

Swedish Orphan Bio Spon (SWTUY) opened at 14.30 on Friday. The firm has a market capitalization of $3.85 billion and a P/E ratio of 48.15. The firm’s 50-day moving average is $15.52 and its 200-day moving average is $15.58. Swedish Orphan Bio Spon has a 52-week low of $10.25 and a 52-week high of $16.49.

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