Advanced Accelerator Applications SA (NASDAQ:AAAP) was downgraded by stock analysts at Wells Fargo & Co. from an “outperform” rating to a “market perform” rating in a research report issued on Tuesday.

AAAP has been the subject of several other research reports. Zacks Investment Research raised shares of Advanced Accelerator Applications SA from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Tuesday, October 11th. Jefferies Group reissued a “buy” rating and issued a $45.00 price objective on shares of Advanced Accelerator Applications SA in a research note on Wednesday, October 12th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $47.00 price objective on shares of Advanced Accelerator Applications SA in a research note on Monday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $39.67.

Analyst Recommendations for Advanced Accelerator Applications SA (NASDAQ:AAAP)

Advanced Accelerator Applications SA (NASDAQ:AAAP) opened at 29.25 on Tuesday. The firm’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. Advanced Accelerator Applications SA has a 52 week low of $20.53 and a 52 week high of $39.66.

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Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of Advanced Accelerator Applications SA during the third quarter worth about $134,000. 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 in the last quarter. Royce & Associates LP purchased a new position in shares of Advanced Accelerator Applications SA during the second quarter worth about $454,000. TD Asset Management Inc. increased its position in shares of Advanced Accelerator Applications SA by 259.3% in the third quarter. TD Asset Management Inc. now owns 47,243 shares of the company’s stock worth $1,799,000 after buying an additional 34,093 shares in the last quarter. Finally, 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 in the last quarter. Institutional investors own 20.76% of the company’s stock.

Advanced Accelerator Applications SA Company Profile

Advanced Accelerator Applications SA is a radiopharmaceutical company. The Company develops, produces and commercializes molecular nuclear medicine (MNM), diagnostic and therapeutic products. MNM uses trace amounts of radioactive compounds to create functional images of organs and lesions and to treat diseases, such as cancer.

5 Day Chart for NASDAQ:AAAP

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