Brokerages Set Juniper Pharmaceuticals, Inc. (JNP) Target Price at $23.00

Shares of Juniper Pharmaceuticals, Inc. (NASDAQ:JNP) have received a consensus rating of “Hold” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $23.00.

JNP has been the topic of a number of recent analyst reports. HC Wainwright restated a “hold” rating on shares of Juniper Pharmaceuticals in a research note on Friday, May 5th. BMO Capital Markets upgraded shares of Juniper Pharmaceuticals from a “market perform” rating to an “outperform” rating and upped their price target for the company from $31.00 to $34.00 in a research note on Friday, July 14th. ValuEngine lowered shares of Juniper Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Roth Capital set a $12.00 price target on shares of Juniper Pharmaceuticals and gave the company a “buy” rating in a research note on Saturday, May 6th.

Shares of Juniper Pharmaceuticals (NASDAQ JNP) traded down 0.0556% during midday trading on Friday, hitting $4.4975. 9,371 shares of the company traded hands. Juniper Pharmaceuticals has a 52 week low of $3.65 and a 52 week high of $7.15. The company has a 50-day moving average price of $4.93 and a 200-day moving average price of $4.72. The stock has a market capitalization of $48.77 million, a P/E ratio of 5.8107 and a beta of 0.28.

Juniper Pharmaceuticals (NASDAQ:JNP) last issued its quarterly earnings results on Thursday, August 3rd. The specialty pharmaceutical company reported ($0.03) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.10. Juniper Pharmaceuticals had a net margin of 13.94% and a return on equity of 21.49%. The business had revenue of $13.96 million for the quarter, compared to analyst estimates of $11.84 million. Analysts anticipate that Juniper Pharmaceuticals will post ($0.51) earnings per share for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in JNP. JW Asset Management LLC raised its stake in Juniper Pharmaceuticals by 10.0% in the second quarter. JW Asset Management LLC now owns 426,903 shares of the specialty pharmaceutical company’s stock worth $2,156,000 after buying an additional 38,771 shares during the last quarter. Algert Global LLC increased its stake in shares of Juniper Pharmaceuticals by 10.8% in the second quarter. Algert Global LLC now owns 120,035 shares of the specialty pharmaceutical company’s stock worth $606,000 after buying an additional 11,720 shares during the period. Spark Investment Management LLC increased its stake in shares of Juniper Pharmaceuticals by 33.0% in the second quarter. Spark Investment Management LLC now owns 60,000 shares of the specialty pharmaceutical company’s stock worth $303,000 after buying an additional 14,900 shares during the period. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Juniper Pharmaceuticals during the second quarter worth about $1,192,000. Finally, Acadian Asset Management LLC increased its stake in shares of Juniper Pharmaceuticals by 2.3% in the second quarter. Acadian Asset Management LLC now owns 41,978 shares of the specialty pharmaceutical company’s stock worth $211,000 after buying an additional 941 shares during the period. Hedge funds and other institutional investors own 36.61% of the company’s stock.

Juniper Pharmaceuticals Company Profile

Juniper Pharmaceuticals, Inc is a women’s health therapeutics company. The Company is focused on developing therapeutics that address unmet medical needs in women’s health. It operates in two segments: product and service. The product segment is engaged in manufacturing and supplying CRINONE, the Company’s commercialized product.

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