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JMP Securities Remains a Buy on Compugen (CGEN)

In a report released today, Reni Benjamin from JMP Securities reiterated a Buy rating on Compugen (CGENResearch Report), with a price target of $4.00. The company’s shares closed last Friday at $1.46.

According to TipRanks, Benjamin is an analyst with an average return of -5.2% and a 36.95% success rate. Benjamin covers the Healthcare sector, focusing on stocks such as Blueprint Medicines, Incyte, and Seagen.

Currently, the analyst consensus on Compugen is a Moderate Buy with an average price target of $5.00.

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The company has a one-year high of $7.48 and a one-year low of $1.39. Currently, Compugen has an average volume of 884.5K.

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Compugen Ltd. engages in the research, development, and commercialization of therapeutic and diagnostic biomarker product candidates including proteins and monoclonal antibodies. It focuses its research and development on immuno-oncology and autoimmune diseases. The company was founded by Eli Mintz, Simchon Faigler, and Amir Natan on February 10, 1993 and is headquartered in Holon, Israel.

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