MediGene AG (MDG1) Given a €13.00 Price Target at Independent Research GmbH

Independent Research GmbH set a €13.00 ($15.48) target price on MediGene AG (ETR:MDG1) in a report released on Monday. The firm currently has a neutral rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Oddo Securities set a €13.00 ($15.48) target price on MediGene AG and gave the company a buy rating in a report on Saturday, May 20th. Baader Bank set a €19.00 ($22.62) target price on MediGene AG and gave the company a buy rating in a report on Saturday, May 20th.

Shares of MediGene AG (ETR:MDG1) traded down 2.17% during trading on Monday, reaching €13.52. The company had a trading volume of 95,110 shares. The firm’s market capitalization is €299.04 million. The firm’s 50 day moving average price is €10.13 and its 200 day moving average price is €11.22. MediGene AG has a 12 month low of €6.65 and a 12 month high of €15.19.

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MediGene AG Company Profile

Medigene AG, a biotechnology company, develops immunotherapy platforms to treat a range of cancers in various stages. It operates through two segments, Immunotherapies and Other Products. The company develops Dendritic cell vaccines in phase I/II clinical trials; and T-cell receptor-modified T cells and T-cell-specific monoclonal antibodies in preclinical development phase.

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