Merus N.V. (MRUS) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Merus N.V. (NASDAQ:MRUS) have received a consensus rating of “Hold” from the six brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $30.25.
A number of research firms have commented on MRUS. Royal Bank Of Canada began coverage on shares of Merus N.V. in a research report on Thursday, September 14th. They set an “outperform” rating and a $28.00 target price on the stock. Zacks Investment Research downgraded shares of Merus N.V. from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. ValuEngine downgraded shares of Merus N.V. from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. Finally, Jefferies Group LLC reissued a “buy” rating and set a $30.00 target price on shares of Merus N.V. in a research report on Thursday, October 26th.
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An institutional investor recently bought a new position in Merus N.V. stock. Renaissance Technologies LLC bought a new position in Merus N.V. (NASDAQ:MRUS) in the first quarter, according to its most recent filing with the SEC. The firm bought 22,500 shares of the biotechnology company’s stock, valued at approximately $549,000. Renaissance Technologies LLC owned approximately 0.14% of Merus N.V. as of its most recent SEC filing. Institutional investors and hedge funds own 31.53% of the company’s stock.
About Merus N.V.
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