ZIOPHARM Oncology (ZIOP) Receives New Coverage from Analysts at Laidlaw

Laidlaw assumed coverage on shares of ZIOPHARM Oncology (NASDAQ:ZIOP) in a research note released on Monday, BenzingaRatingsTable reports. The brokerage issued a buy rating and a $7.50 price target on the biotechnology company’s stock.

ZIOP has been the topic of a number of other research reports. BidaskClub raised ZIOPHARM Oncology from a buy rating to a strong-buy rating in a research report on Wednesday, March 20th. Zacks Investment Research lowered ZIOPHARM Oncology from a buy rating to a hold rating in a research report on Thursday, December 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $5.56.

NASDAQ ZIOP opened at $3.98 on Monday. The stock has a market cap of $624.83 million, a PE ratio of -8.29 and a beta of 2.62. ZIOPHARM Oncology has a one year low of $1.56 and a one year high of $5.00.

Several large investors have recently bought and sold shares of ZIOP. Alliancebernstein L.P. increased its position in shares of ZIOPHARM Oncology by 18.6% during the 3rd quarter. Alliancebernstein L.P. now owns 277,830 shares of the biotechnology company’s stock worth $889,000 after purchasing an additional 43,611 shares during the last quarter. BlackRock Inc. boosted its stake in shares of ZIOPHARM Oncology by 1.3% during the 3rd quarter. BlackRock Inc. now owns 9,289,620 shares of the biotechnology company’s stock worth $29,727,000 after acquiring an additional 121,880 shares during the period. FMR LLC bought a new position in shares of ZIOPHARM Oncology during the 3rd quarter worth approximately $1,647,000. Jefferies Group LLC boosted its stake in shares of ZIOPHARM Oncology by 100.8% during the 3rd quarter. Jefferies Group LLC now owns 96,972 shares of the biotechnology company’s stock worth $310,000 after acquiring an additional 48,685 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of ZIOPHARM Oncology during the 3rd quarter worth approximately $161,000. 38.01% of the stock is currently owned by hedge funds and other institutional investors.

ZIOPHARM Oncology Company Profile

ZIOPHARM Oncology, Inc, a biotechnology company, focuses on acquiring, developing, and commercializing a portfolio of immuno-oncology therapies for treating heterogenous solid tumors and unknown antigens. The company develops two immuno-oncology platform technologies, including Sleeping Beauty (SB), which is based on the genetic engineering of immune cells using a non-viral transposon/transposase system to reprogram T-cells outside of the body for infusion; and Controlled IL-12, which delivers interleukin 12 or IL-12, a master regular of the immune system, in a controlled and safe manner to focus the patient's immune system to attack cancer cells.

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