In a report released yesterday, Ken Cacciatore from Cowen & Co. maintained a Hold rating on Amag Pharmaceuticals (AMAG), with a price target of $13. The company’s shares closed on Friday at $8.97, close to its 52-week low of $8.59.
According to TipRanks.com, Cacciatore is a 1-star analyst with an average return of -3.4% and a 40.0% success rate. Cacciatore covers the Healthcare sector, focusing on stocks such as Alder Biopharmaceuticals, Jazz Pharmaceuticals, and Ocular Therapeutix.
The word on The Street in general, suggests a Hold analyst consensus rating for Amag Pharmaceuticals with a $14.50 average price target.
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The company has a one-year high of $26.10 and a one-year low of $8.59. Currently, Amag Pharmaceuticals has an average volume of 647.9K.
Based on the recent corporate insider activity of 41 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 AMAG in relation to earlier this year.
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AMAG Pharmaceuticals, Inc. is a biopharmaceutical company, which focuses on the research, development, and commercialization of a therapeutic iron compound to treat iron deficiency anemia. The firm focuses on the development and commercialization of Feraheme injection for intravenous use to treat iron deficiency anemia.
