TiGenix – American Depositary Shares (TIG) Rating Reiterated by Canaccord Genuity
TiGenix – American Depositary Shares (NYSE:TIG)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a report issued on Tuesday. They currently have a $30.00 target price on the stock. Canaccord Genuity’s price target would suggest a potential upside of 32.22% from the stock’s current price.
TIG has been the subject of several other reports. BidaskClub cut shares of TiGenix – American Depositary Shares from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Zacks Investment Research cut shares of TiGenix – American Depositary Shares from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.50.
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An institutional investor recently bought a new position in TiGenix – American Depositary Shares stock. EAM Investors LLC bought a new position in shares of TiGenix – American Depositary Shares (NYSE:TIG) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 155,886 shares of the company’s stock, valued at approximately $3,517,000. EAM Investors LLC owned about 1.20% of TiGenix – American Depositary Shares at the end of the most recent reporting period.
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