AC Immune (ACIU) Upgraded by BidaskClub to “Strong-Buy”

AC Immune (NASDAQ:ACIU) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.

Separately, Zacks Investment Research downgraded shares of AC Immune from a “hold” rating to a “sell” rating in a research note on Thursday, November 16th.

Shares of AC Immune (ACIU) traded up $0.09 on Friday, reaching $13.52. 17,474 shares of the company’s stock traded hands, compared to its average volume of 45,361. AC Immune has a 52 week low of $6.03 and a 52 week high of $13.91.

AC Immune (NASDAQ:ACIU) last posted its quarterly earnings data on Monday, November 13th. The company reported ($0.16) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.04. equities research analysts anticipate that AC Immune will post -0.57 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Wells Fargo & Company MN acquired a new stake in shares of AC Immune during the third quarter worth $111,000. Janney Montgomery Scott LLC acquired a new stake in shares of AC Immune during the third quarter worth $134,000. Goldman Sachs Group Inc. acquired a new stake in shares of AC Immune during the second quarter worth $127,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of AC Immune during the third quarter worth $571,000. Institutional investors and hedge funds own 17.12% of the company’s stock.

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AC Immune Company Profile

AC Immune SA is a Switzerland-based company engaged in the medical biotechnology sector. It develops treatments for Alzheimer’s and other neurodegenerative diseases, such as Down syndrome, glaucoma and Parkinson’s, and focuses on producing therapeutic and diagnostic product candidates, using SupraAntigen and Morphomer technology platforms.

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