Galapagos NV (GLPG) Price Target Cut to $121.00
July 2nd, 2017 - By Doug Wharley - 0 comments
Galapagos NV logoGalapagos NV (NASDAQ:GLPG) had its price target lowered by research analysts at Nomura from $108.00 to $121.00 in a research note issued on Thursday, June 22nd. The firm presently has a “buy” rating on the biotechnology company’s stock. Nomura’s price target would indicate a potential upside of 58.13% from the company’s current price.
Several other equities analysts have also recently weighed in on the stock. Cowen and Company reaffirmed a “buy” rating on shares of Galapagos NV in a research note on Wednesday, June 21st. BTIG Research reaffirmed a “buy” rating and set a $98.00 price target on shares of Galapagos NV in a report on Tuesday, June 20th. TheStreet raised Galapagos NV from a “d+” rating to a “c” rating in a report on Wednesday, May 17th. Stifel Nicolaus raised their price target on Galapagos NV from $65.00 to $83.00 and gave the company a “hold” rating in a report on Monday, May 1st. Finally, Zacks Investment Research downgraded Galapagos NV from a “buy” rating to a “hold” rating in a report on Monday, April 24th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $94.00.