Raymond James Keeps Their Hold Rating on Zogenix (ZGNX)


In a report released today, Danielle Brill from Raymond James maintained a Hold rating on Zogenix (ZGNX). The company’s shares closed last Monday at $21.07, close to its 52-week low of $16.65.

According to TipRanks.com, Brill is a 5-star analyst with an average return of 20.4% and a 59.7% success rate. Brill covers the Healthcare sector, focusing on stocks such as Global Blood Therapeutics, ACADIA Pharmaceuticals, and Sarepta Therapeutics.

Currently, the analyst consensus on Zogenix is a Moderate Buy with an average price target of $48.25.

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The company has a one-year high of $57.22 and a one-year low of $16.65. Currently, Zogenix has an average volume of 883K.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Zogenix, Inc. is a pharmaceutical company. It engages in the development and commercialization of central nervous system (CNS) therapies and products for the treatment orphan diseases and other CNS disorders. Its products include ZX008 and Relday. The company was founded by Stephen James Farr, Cam L. Garner, Roger L. Hawley, Bret E. Megargel, Jonathan M. N. Rigby, Scott L. Glenn, and John J. Turanin on May 11, 2006 and is headquartered in Emeryville, CA.

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