Investment analysts at B. Riley started coverage on shares of AMAG Pharmaceuticals (NASDAQ:AMAG) in a research note issued on Thursday. The brokerage set a “neutral” rating and a $16.00 price target on the specialty pharmaceutical company’s stock. B. Riley’s price target would suggest a potential upside of 14.70% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Cantor Fitzgerald reaffirmed a “hold” rating and set a $21.00 price target on shares of AMAG Pharmaceuticals in a research note on Thursday, September 28th. Cowen reaffirmed a “hold” rating on shares of AMAG Pharmaceuticals in a research note on Thursday, August 10th. Zacks Investment Research downgraded shares of AMAG Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Janney Montgomery Scott reaffirmed a “hold” rating on shares of AMAG Pharmaceuticals in a research note on Tuesday, October 17th. Finally, Morgan Stanley cut their target price on shares of AMAG Pharmaceuticals from $26.00 to $22.00 and set an “overweight” rating on the stock in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $23.38.

Shares of AMAG Pharmaceuticals (NASDAQ:AMAG) opened at $13.95 on Thursday. AMAG Pharmaceuticals has a 1 year low of $11.93 and a 1 year high of $36.83. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.48 and a current ratio of 1.59.

Institutional investors have recently modified their holdings of the company. BlackRock Inc. increased its position in AMAG Pharmaceuticals by 528.5% during the first quarter. BlackRock Inc. now owns 4,299 shares of the specialty pharmaceutical company’s stock worth $101,000 after acquiring an additional 3,615 shares during the period. Acadian Asset Management LLC grew its holdings in shares of AMAG Pharmaceuticals by 20.8% in the 3rd quarter. Acadian Asset Management LLC now owns 4,520 shares of the specialty pharmaceutical company’s stock worth $111,000 after purchasing an additional 777 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in shares of AMAG Pharmaceuticals by 13.8% in the 2nd quarter. Teacher Retirement System of Texas now owns 4,864 shares of the specialty pharmaceutical company’s stock worth $116,000 after purchasing an additional 589 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of AMAG Pharmaceuticals by 1,666.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,300 shares of the specialty pharmaceutical company’s stock worth $130,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Seven Eight Capital LP bought a new stake in shares of AMAG Pharmaceuticals in the 4th quarter worth about $212,000.

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About AMAG Pharmaceuticals

AMAG Pharmaceuticals, Inc is a pharmaceutical company. The Company’s segment is the manufacture, development and commercialization of products and services for use in treating various conditions, with a focus on maternal health, anemia management and cancer supportive care. Its offerings focus on maternal health, anemia management and cancer supportive care, including its product, Makena (hydroxyprogesterone caproate injection); services related to the collection, processing and storage of umbilical cord blood stem cell and cord tissue units operated through Cord Blood Registry (CBR); its product, Feraheme (ferumoxytol), for intravenous (IV) use, and MuGard Mucoadhesive Oral Wound Rinse.

Analyst Recommendations for AMAG Pharmaceuticals (NASDAQ:AMAG)

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