In a report issued on December 4, Phil Nadeau from Cowen & Co. maintained a Buy rating on Allogene Therapeutics Inc (ALLO). The company’s shares closed on Friday at $26.28.
According to TipRanks.com, Nadeau is a 4-star analyst with an average return of 5.6% and a 45.0% success rate. Nadeau covers the Healthcare sector, focusing on stocks such as Phasebio Pharmaceuticals Inc, Rhythm Pharmaceuticals Inc, and Rocket Pharmaceuticals Inc.
Allogene Therapeutics Inc has an analyst consensus of Strong Buy, with a price target consensus of $33.67.
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The company has a one-year high of $35.55 and a one-year low of $21.67. Currently, Allogene Therapeutics Inc has an average volume of 890.4K.
Based on the recent corporate insider activity of 14 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 ALLO in relation to earlier this year.
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Allogene Therapeutics, Inc. is a clinical stage immuno-oncology company, which engages in the development and commercialization of genetically engineered allogeneic T cell therapies for the treatment of cancer. It also developing engineered allogeneic CAR T cell product candidates for multiple myeloma, other blood cancers and solid tumors.
