Advanced Accelerator Applications SA (NASDAQ:AAAP) – Stock analysts at Jefferies Group raised their Q3 2016 EPS estimates for shares of Advanced Accelerator Applications SA in a research report issued to clients and investors on Monday. Jefferies Group analyst P. Welford now expects that the brokerage will post earnings per share of ($0.14) for the quarter, up from their previous forecast of ($0.23). Jefferies Group has a “Buy” rating and a $45.00 price objective on the stock. Jefferies Group also issued estimates for Advanced Accelerator Applications SA’s Q4 2016 earnings at ($0.30) EPS, FY2016 earnings at ($0.56) EPS, FY2017 earnings at ($0.30) EPS, FY2018 earnings at $0.84 EPS, FY2019 earnings at $2.26 EPS and FY2020 earnings at $4.74 EPS.

Advanced Accelerator Applications SA (NASDAQ:AAAP) last issued its earnings results on Wednesday, August 31st. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.05. Advanced Accelerator Applications SA had a negative return on equity of 8.50% and a negative net margin of 12.87%.

Separately, Zacks Investment Research raised Advanced Accelerator Applications SA from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Advanced Accelerator Applications SA presently has an average rating of “Buy” and a consensus price target of $37.95.

Advanced Accelerator Applications SA (NASDAQ:AAAP) opened at 38.01 on Wednesday. The firm’s market capitalization is $1.49 billion. Advanced Accelerator Applications SA has a 12 month low of $18.00 and a 12 month high of $39.66. The firm has a 50-day moving average price of $36.47 and a 200 day moving average price of $32.93.

A number of institutional investors have recently made changes to their positions in AAAP. Lazard Asset Management LLC acquired a new position in shares of Advanced Accelerator Applications SA during the first quarter worth $276,000. United Services Automobile Association increased its position in shares of Advanced Accelerator Applications SA by 60.4% in the second quarter. United Services Automobile Association now owns 12,673 shares of the company’s stock worth $383,000 after buying an additional 4,771 shares during the period. Royce & Associates LP acquired a new position in shares of Advanced Accelerator Applications SA during the second quarter worth $454,000. Alps Advisors Inc. increased its position in shares of Advanced Accelerator Applications SA by 27.2% in the second quarter. Alps Advisors Inc. now owns 55,178 shares of the company’s stock worth $1,668,000 after buying an additional 11,796 shares during the period. Finally, Vivo Capital LLC acquired a new position in shares of Advanced Accelerator Applications SA during the first quarter worth $15,962,000. 16.28% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Accelerator Applications SA Company Profile

Advanced Accelerator Applications SA is a radiopharmaceutical company that develops, produces and sells molecular nuclear medicine (MNM), diagnostic and therapeutic products. The Company’s lead therapeutic candidate, Lutathera, is being developed for the treatment of midgut neuroendocrine tumors (NETs).

5 Day Chart for NASDAQ:AAAP

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