Analysts at Robert W. Baird initiated coverage on shares of Genocea Biosciences (NASDAQ:GNCA) in a note issued to investors on Monday. The firm set an “outperform” rating and a $3.00 price target on the biotechnology company’s stock. Robert W. Baird’s price target suggests a potential upside of 200.00% from the stock’s current price.
A number of other research analysts have also commented on GNCA. Needham & Company LLC raised Genocea Biosciences from a “hold” rating to a “buy” rating and set a $3.00 price objective on the stock in a report on Tuesday, February 6th. Zacks Investment Research lowered Genocea Biosciences from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Finally, Piper Jaffray Companies reaffirmed an “overweight” rating and issued a $5.00 price objective on shares of Genocea Biosciences in a report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $4.21.
Shares of Genocea Biosciences (NASDAQ:GNCA) traded up $0.07 during midday trading on Monday, reaching $1.00. The company’s stock had a trading volume of 1,239,075 shares, compared to its average volume of 1,250,000. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 2.51. Genocea Biosciences has a 52-week low of $0.79 and a 52-week high of $7.29. The firm has a market cap of $82.07, a price-to-earnings ratio of -0.46 and a beta of 1.55.
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About Genocea Biosciences
Genocea Biosciences, Inc, is harnessing the power of T cell immunity to develop vaccines and immunotherapies company. The Company uses its discovery platform, AnTigen Lead Acquisition System (ATLAS), to design vaccines and immunotherapies that act, in part, through T cell (or cellular) immune responses.
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