Today, Advanced Accelerator Applications SA (AAAP) Earns “Buy” Rating from Jefferies Group

Today, Advanced Accelerator Applications SA (AAAP) Earns “Buy” Rating from Jefferies Group

Jefferies Group restated their buy rating on shares of Advanced Accelerator Applications SA (NASDAQ:AAAP) in a report issued on Wednesday. Jefferies Group currently has a $45.00 price target on the stock.

Separately, Zacks Investment Research upgraded shares of Advanced Accelerator Applications SA from a hold rating to a buy rating and set a $44.00 price objective on the stock in a research note on Tuesday, October 11th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus target price of $37.95.

Shares of Advanced Accelerator Applications SA (NASDAQ:AAAP) opened at 38.15 on Wednesday. Advanced Accelerator Applications SA has a 1-year low of $18.00 and a 1-year high of $39.66. The firm’s 50 day moving average is $36.72 and its 200 day moving average is $33.00. The firm’s market capitalization is $1.50 billion.

Advanced Accelerator Applications SA (NASDAQ:AAAP) last issued its quarterly earnings data on Wednesday, August 31st. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.05. Advanced Accelerator Applications SA had a negative net margin of 12.87% and a negative return on equity of 8.50%. Analysts anticipate that Advanced Accelerator Applications SA will post ($0.44) EPS for the current fiscal year.

Large investors have recently modified their holdings of the company. FMR LLC boosted its stake in shares of Advanced Accelerator Applications SA by 153.9% in the second quarter. FMR LLC now owns 1,697,888 shares of the company’s stock valued at $51,336,000 after buying an additional 1,029,110 shares during the period. Vivo Capital LLC acquired a new stake in shares of Advanced Accelerator Applications SA during the first quarter valued at approximately $15,962,000. Scopia Capital Management LP boosted its stake in shares of Advanced Accelerator Applications SA by 16.4% in the first quarter. Scopia Capital Management LP now owns 1,044,512 shares of the company’s stock valued at $36,579,000 after buying an additional 146,825 shares during the period. Royce & Associates LP acquired a new stake in shares of Advanced Accelerator Applications SA during the second quarter valued at approximately $454,000. Finally, Alps Advisors Inc. boosted its stake in shares of Advanced Accelerator Applications SA by 27.2% in the second quarter. Alps Advisors Inc. now owns 55,178 shares of the company’s stock valued at $1,668,000 after buying an additional 11,796 shares during the period. Hedge funds and other institutional investors own 16.28% of the company’s stock.

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