Analysts Set Celldex Therapeutics, Inc. (CLDX) PT at $8.13
Celldex Therapeutics, Inc. (NASDAQ:CLDX) has earned an average rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $8.13.
CLDX has been the subject of several recent research reports. WBB Securities reiterated a “buy” rating and issued a $10.00 price objective on shares of Celldex Therapeutics in a research report on Wednesday, December 6th. HC Wainwright reiterated a “buy” rating on shares of Celldex Therapeutics in a research report on Tuesday, November 7th. Finally, BidaskClub downgraded Celldex Therapeutics from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 11th.
Shares of Celldex Therapeutics (NASDAQ CLDX) traded down $0.03 during mid-day trading on Friday, reaching $2.35. The company’s stock had a trading volume of 1,095,100 shares, compared to its average volume of 1,178,944. Celldex Therapeutics has a 12-month low of $2.20 and a 12-month high of $3.94. The company has a market capitalization of $323.64, a P/E ratio of -2.33 and a beta of 2.57.
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Celldex Therapeutics Company Profile
Celldex Therapeutics, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of several immunotherapy technologies for the treatment of cancer and other diseases. Its lead drug Rintega (also referred to as rindopepimut and CDX-110) is a therapeutic vaccine, which is meant for the treatment of glioblastoma patients.
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