Ablynx NV (ABLX) Earns Overweight Rating from Analysts at J P Morgan Chase & Co

Analysts at J P Morgan Chase & Co started coverage on shares of Ablynx NV (NASDAQ:ABLX) in a report issued on Monday. The brokerage set an “overweight” rating on the stock.

A number of other research firms have also recently commented on ABLX. Bank of America Corporation initiated coverage on Ablynx NV in a research note on Friday, November 10th. They issued a “buy” rating and a $26.00 target price on the stock. Robert W. Baird initiated coverage on Ablynx NV in a research note on Monday. They issued an “outperform” rating and a $33.00 target price on the stock.

Ablynx NV (ABLX) opened at $21.14 on Monday. Ablynx NV has a 1-year low of $17.75 and a 1-year high of $23.66.

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