TiGenix – American Depositary Shares’ (TIG) Buy Rating Reaffirmed at Canaccord Genuity

Canaccord Genuity reissued their buy rating on shares of TiGenix – American Depositary Shares (NYSE:TIG) in a research note published on Tuesday. They currently have a $30.00 price objective on the stock.

A number of other analysts have also recently commented on the stock. Zacks Investment Research cut shares of TiGenix – American Depositary Shares from a hold rating to a sell rating in a report on Saturday, October 21st. BidaskClub cut shares of TiGenix – American Depositary Shares from a hold rating to a sell rating in a report on Friday, October 27th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $24.50.

TiGenix – American Depositary Shares (NYSE TIG) traded up 0.04% on Tuesday, reaching $22.70. 1,942 shares of the company were exchanged. The firm has a 50-day moving average of $23.88 and a 200 day moving average of $23.87. TiGenix – American Depositary Shares has a 12-month low of $10.77 and a 12-month high of $25.72. The firm’s market capitalization is $295.03 million.

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A hedge fund recently bought a new stake in TiGenix – American Depositary Shares stock. EAM Investors LLC bought a new stake in shares of TiGenix – American Depositary Shares (NYSE:TIG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 155,886 shares of the company’s stock, valued at approximately $3,517,000. EAM Investors LLC owned about 1.20% of TiGenix – American Depositary Shares at the end of the most recent quarter.

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