In a report released today, Joseph Pantginis from H.C. Wainwright reiterated a Buy rating on Applied Genetic Technologies (AGTC – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $0.44.
Pantginis covers the Healthcare sector, focusing on stocks such as Humanigen, Astria Therapeutics, and PDS Biotechnology. According to TipRanks, Pantginis has an average return of -15.7% and a 33.77% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Applied Genetic Technologies with a $24.00 average price target.
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The company has a one-year high of $3.69 and a one-year low of $0.35. Currently, Applied Genetic Technologies has an average volume of 1.21M.
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Applied Genetic Technologies Corp. engages in the development of gene therapy platform to develop transformational genetic therapies for patients suffering from rare and debilitating diseases. It has clinical trials in the field of ophthalmology, optogenetics, adrenoleukodystrophy, and otology. The company was founded by Richard Jude Samulski, Nicholas Muzyczka, William W. Hauswirth, Terence R. Flotte, and Barry J. Byrne on January 19, 1999 and is headquartered in Alachua, FL.
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