H.C. Wainwright analyst Joseph Pantginis reiterated a Buy rating on Humanigen (HGEN – Research Report) today and set a price target of $28.00. The company’s shares closed last Thursday at $1.77, close to its 52-week low of $1.67.
According to TipRanks.com, Pantginis is ranked 0 out of 5 stars with an average return of -29.5% and a 19.4% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Applied Genetic Technologies, Bioline RX Ltd Sponsored ADR, and Lineage Cell Therapeutics.
Humanigen has an analyst consensus of Moderate Buy, with a price target consensus of $28.00.
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The company has a one-year high of $18.68 and a one-year low of $1.67. Currently, Humanigen has an average volume of 1.38M.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HGEN in relation to earlier this year.
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Humanigen, Inc. is a clinical-stage biopharmaceutical company. It engages in the developing next-generation cell and gene therapies for the treatment of cancers through novel human granulocyte-macrophage colony-stimulating factor (GM-CSF) neutralization and gene-knockout platforms. The company was founded by Jeng-Horng Her & Robert F. Balint on March 15, 2000 and is headquartered in Burlingame, CA.
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