H.C. Wainwright Maintains a Hold Rating on Argenx Se (ARGX)


In a report released today, Douglas Tsao from H.C. Wainwright maintained a Hold rating on Argenx Se (ARGX), with a price target of $265.00. The company’s shares closed last Monday at $269.00, close to its 52-week high of $284.00.

According to TipRanks.com, Tsao is a 5-star analyst with an average return of 14.0% and a 51.9% success rate. Tsao covers the Healthcare sector, focusing on stocks such as Crinetics Pharmaceuticals, Protagonist Therapeutics, and Minerva Neurosciences.

Argenx Se has an analyst consensus of Moderate Buy, with a price target consensus of $274.99, representing a 2.1% upside. In a report issued on November 10, Kepler Capital also maintained a Hold rating on the stock with a EUR200.00 price target.

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The company has a one-year high of $284.00 and a one-year low of $103.75. Currently, Argenx Se has an average volume of 167.2K.

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argenx SE is a clinical-stage biotechnology company, which engages in the development of antibody-based therapies for the treatment of autoimmune diseases and cancer. Its products include ARGX-113 for the treatment of autoimmune disease myasthenia gravis and ARGX-110 for the treatment of hematological cancer acute myeloid leukemia. The company was founded by Hans J. W. de Haard, Torsten Dreier, and Tim van Hauwermeiren on April 25, 2008 and is headquartered in Breda, the Netherlands.

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