In a report released yesterday, Boris Peaker from Cowen & Co. maintained a Buy rating on ImmunoGen (IMGN). The company’s shares closed yesterday at $2.14, close to its 52-week low of $1.93.
According to TipRanks.com, Peaker is a 4-star analyst with an average return of 3.3% and a 41.8% success rate. Peaker covers the Healthcare sector, focusing on stocks such as Iovance Biotherapeutics Inc, Stemline Therapeutics Inc, and Mersana Therapeutics Inc.
ImmunoGen has an analyst consensus of Moderate Buy, with a price target consensus of $5, which is a 133.6% upside from current levels. In a report issued on April 30, William Blair also reiterated a Buy rating on the stock.
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The company has a one-year high of $12.31 and a one-year low of $1.93. Currently, ImmunoGen has an average volume of 3.89M.
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ImmunoGen, Inc. is a biotechnology company, which engages in discovering and developing antibody-drug conjugate therapies that meaningfully improve the lives of people with cancer. Its product candidates include Mirvetuximab soravtansine, Coltuximab ravtansine, IMGN7779 and IMGN632. The company was founded in March 1981 and is headquartered in Waltham, MA.
