Immutep (IMMP) Receives a Buy from Maxim Group


Maxim Group analyst Jason McCarthy assigned a Buy rating to Immutep (IMMP) yesterday and set a price target of $2.00. The company’s shares closed last Wednesday at $1.85.

According to TipRanks.com, McCarthy is a 5-star analyst with an average return of 31.6% and a 42.8% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Appili Therapeutics Inc Class A, Brainstorm Cell Therapeutics, and Interpace Diagnostics Group.

Currently, the analyst consensus on Immutep is a Moderate Buy with an average price target of $2.00.

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The company has a one-year high of $3.10 and a one-year low of $0.53. Currently, Immutep has an average volume of 379K.

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Immutep Ltd. is a biotechnology company, which engages in the research and development of immunotherapeutic treatments for cancer and autoimmune diseases. Its product is IMP321, which involves in clinical development for the treatment of breast cancer and melanoma. The company was founded on May 21, 1987 and is headquartered in Sydney, Australia.

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