uniQure’s (QURE) Buy Rating Reiterated at HC Wainwright

HC Wainwright reissued their buy rating on shares of uniQure (NASDAQ:QUREFree Report) in a report issued on Tuesday morning,Benzinga reports. HC Wainwright currently has a $70.00 target price on the biotechnology company’s stock.

A number of other equities analysts also recently commented on QURE. Barclays assumed coverage on shares of uniQure in a research note on Tuesday, January 27th. They set an “equal weight” rating and a $31.00 target price on the stock. Stifel Nicolaus cut their price target on shares of uniQure from $50.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Chardan Capital reaffirmed a “buy” rating and set a $53.00 price target on shares of uniQure in a research report on Thursday, December 4th. Royal Bank Of Canada decreased their price objective on uniQure from $65.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, November 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of uniQure in a research note on Wednesday, January 21st. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $58.33.

Check Out Our Latest Stock Analysis on QURE

uniQure Stock Performance

NASDAQ QURE opened at $22.37 on Tuesday. The stock’s fifty day moving average is $23.39 and its two-hundred day moving average is $28.98. The firm has a market capitalization of $1.39 billion, a P/E ratio of -5.10 and a beta of 0.66. The company has a debt-to-equity ratio of 0.23, a quick ratio of 7.12 and a current ratio of 7.12. uniQure has a fifty-two week low of $7.76 and a fifty-two week high of $71.50.

uniQure (NASDAQ:QUREGet Free Report) last issued its earnings results on Monday, November 10th. The biotechnology company reported ($1.38) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.85) by ($0.53). The company had revenue of $3.70 million during the quarter, compared to analyst estimates of $4.46 million. uniQure had a negative return on equity of 373.73% and a negative net margin of 1,492.90%. On average, research analysts anticipate that uniQure will post -3.75 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Robert Gut sold 25,613 shares of uniQure stock in a transaction on Monday, January 12th. The stock was sold at an average price of $24.62, for a total value of $630,592.06. Following the completion of the sale, the director directly owned 32,342 shares of the company’s stock, valued at approximately $796,260.04. The trade was a 44.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jack Kaye sold 6,390 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $27.28, for a total value of $174,319.20. Following the completion of the sale, the director owned 20,439 shares in the company, valued at $557,575.92. This represents a 23.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.79% of the stock is owned by insiders.

Hedge Funds Weigh In On uniQure

Institutional investors have recently bought and sold shares of the company. Swiss National Bank acquired a new position in shares of uniQure in the second quarter valued at approximately $1,080,000. Sanders Morris Harris LLC purchased a new position in uniQure in the 3rd quarter valued at approximately $5,081,000. Jennison Associates LLC acquired a new position in shares of uniQure in the second quarter worth $1,952,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of uniQure during the second quarter worth $872,000. Finally, JPMorgan Chase & Co. raised its stake in shares of uniQure by 471.7% in the second quarter. JPMorgan Chase & Co. now owns 1,807,685 shares of the biotechnology company’s stock valued at $25,199,000 after acquiring an additional 1,491,486 shares in the last quarter. 78.83% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting uniQure

Here are the key news stories impacting uniQure this week:

uniQure Company Profile

(Get Free Report)

uniQure N.V. is a biotechnology company focused on the development and commercialization of gene therapies for patients with severe medical needs. Using its proprietary adeno‐associated viral (AAV) vector platform, the company designs single‐dose treatments aimed at addressing the underlying genetic causes of disease rather than solely managing symptoms. Its most advanced program, Hemgenix® (etranacogene dezaparvovec), received regulatory approval in the United States and Europe for adult patients with hemophilia B, marking one of the first gene therapies for a bleeding disorder to reach the market.

Beyond hemophilia B, uniQure’s pipeline includes preclinical and clinical-stage candidates targeting rare and debilitating conditions such as aromatic l-amino acid decarboxylase (AADC) deficiency, Huntington’s disease, and Parkinson’s disease.

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