Genocea Biosciences (GNCA) Receives New Coverage from Analysts at Robert W. Baird
Stock analysts at Robert W. Baird initiated coverage on shares of Genocea Biosciences (NASDAQ:GNCA) in a research note issued on Monday. The brokerage set an “outperform” rating and a $3.00 price target on the biotechnology company’s stock. Robert W. Baird’s price objective would indicate a potential upside of 192.68% from the stock’s current price.
GNCA has been the topic of several other reports. Zacks Investment Research lowered Genocea Biosciences from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. 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. Finally, Piper Jaffray Companies reissued an “overweight” rating and issued a $5.00 price objective on shares of Genocea Biosciences in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $4.21.
Shares of Genocea Biosciences (GNCA) opened at $1.03 on Monday. The company has a debt-to-equity ratio of 2.51, a current ratio of 1.55 and a quick ratio of 1.55. Genocea Biosciences has a 1-year low of $0.79 and a 1-year high of $7.29. The company has a market capitalization of $84.12, a P/E ratio of -0.47 and a beta of 1.55.
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Genocea Biosciences Company Profile
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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