Oppenheimer Remains a Hold on Axovant Gene Therapies (AXGT)

By Ryan Adsit

In a report released yesterday, Jay Olson from Oppenheimer maintained a Hold rating on Axovant Gene Therapies (AXGTResearch Report). The company’s shares closed last Wednesday at $3.45.

According to TipRanks.com, Olson has 0 stars on 0-5 stars ranking scale with an average return of -8.0% and a 38.4% success rate. Olson covers the Healthcare sector, focusing on stocks such as Constellation Pharmaceuticals, Madrigal Pharmaceuticals, and ACADIA Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Axovant Gene Therapies with a $15.00 average price target.

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The company has a one-year high of $8.52 and a one-year low of $1.41. Currently, Axovant Gene Therapies has an average volume of 163.6K.

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Axovant Gene Therapies Ltd. is a clinical-stage biopharmaceutical company, which engages in the acquisition, development, and commercialization of gene therapies for neurological diseases. Its product pipeline focus on Parkinson’s Disease, GM1 gangliosidosis, and GM2 gangliosidosis such as Tay-Sachs disease and Sandhoff disease. The company was founded on October 31, 2014 and is headquartered in London, United Kingdom.