Senseonics Holdings Inc (NYSEMKT:SENS) Receives $5.40 Average Price Target from Analysts
Shares of Senseonics Holdings Inc (NYSEMKT:SENS) have been given a consensus rating of “Buy” by the six ratings firms that are currently covering the stock. Six analysts have rated the stock with a buy recommendation. The average 1 year price objective among analysts that have covered the stock in the last year is $5.40.
Several research firms recently issued reports on SENS. B. Riley began coverage on shares of Senseonics Holdings in a research note on Monday. They issued a “buy” rating and a $5.50 price objective for the company. Zacks Investment Research raised shares of Senseonics Holdings from a “hold” rating to a “buy” rating and set a $4.50 price objective for the company in a research note on Saturday, August 13th. Canaccord Genuity reaffirmed a “buy” rating and issued a $6.00 price objective on shares of Senseonics Holdings in a research note on Wednesday, August 10th. Finally, Leerink Swann reaffirmed an “outperform” rating and issued a $6.00 price objective (up previously from $4.50) on shares of Senseonics Holdings in a research note on Thursday, September 22nd.
A number of hedge funds and other institutional investors have recently made changes to their positions in SENS. Spark Investment Management LLC purchased a new position in shares of Senseonics Holdings during the first quarter valued at approximately $112,000. Teachers Advisors Inc. bought a new position in Senseonics Holdings during the second quarter valued at about $175,000. Schwab Charles Investment Management Inc. bought a new position in Senseonics Holdings during the second quarter valued at about $180,000. Bank of New York Mellon Corp bought a new position in Senseonics Holdings during the second quarter valued at about $222,000. Finally, California State Teachers Retirement System bought a new position in Senseonics Holdings during the second quarter valued at about $229,000.
Shares of Senseonics Holdings (NYSEMKT:SENS) opened at 3.89 on Tuesday. The firm’s market capitalization is $363.28 million. The stock’s 50 day moving average price is $3.98 and its 200 day moving average price is $3.58. Senseonics Holdings has a 52 week low of $2.53 and a 52 week high of $4.24.
Senseonics Holdings (NYSEMKT:SENS) last issued its earnings results on Tuesday, August 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by $0.02. On average, analysts predict that Senseonics Holdings will post ($0.49) EPS for the current fiscal year.
Senseonics Holdings Company Profile
Senseonics Holdings, Inc, formerly ASN Technologies, Inc, is a medical technology company. The Company is focused on the design, development and commercialization of glucose monitoring systems. The Company operates through glucose monitoring systems segment. It offers a continuous glucose monitoring (CGM) system, Eversense, which is designed to be an implantable CGM system to continually measure glucose levels in people with diabetes for a period of approximately 90 days.
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