In a report released yesterday, Jason McCarthy from Maxim Group assigned a Buy rating to Immutep (IMMP), with a price target of $8.00. The company’s shares closed last Thursday at $5.69.
According to TipRanks.com, McCarthy is a top 100 analyst with an average return of 37.6% and a 54.3% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Appili Therapeutics Inc Class A, Brainstorm Cell Therapeutics, and Interpace Diagnostics Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Immutep with a $6.50 average price target.
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The company has a one-year high of $7.95 and a one-year low of $0.53. Currently, Immutep has an average volume of 4.79M.
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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.
