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Argenx Se (ARGX) Receives a Buy from JMP Securities

In a report released today, Jason Butler from JMP Securities reiterated a Buy rating on Argenx Se (ARGXResearch Report), with a price target of $418.00. The company’s shares closed last Thursday at $287.18.

According to TipRanks.com, Butler is a 1-star analyst with an average return of -2.1% and a 37.2% success rate. Butler covers the Healthcare sector, focusing on stocks such as Applied Molecular Transport, Aquestive Therapeutics, and ACADIA Pharmaceuticals.

Argenx Se has an analyst consensus of Strong Buy, with a price target consensus of $380.69, which is a 34.1% upside from current levels. In a report issued on January 7, Piper Sandler also maintained a Buy rating on the stock with a $375.00 price target.

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argenx SE is a clinical-stage biotechnology company, which engages in the development of antibody-based therapies for the treatment of autoimmune diseases and cancer. Its products include ARGX-113 for the treatment of autoimmune disease myasthenia gravis and ARGX-110 for the treatment of hematological cancer acute myeloid leukemia. The company was founded by Hans J. W. de Haard, Torsten Dreier, and Tim van Hauwermeiren on April 25, 2008 and is headquartered in Breda, the Netherlands.

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