Advanced Accelerator Applications S.A. (NASDAQ:AAAP) has been given an average recommendation of “Buy” by the eight research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $54.00.

AAAP has been the subject of a number of analyst reports. Canaccord Genuity set a $47.00 price objective on Advanced Accelerator Applications and gave the company a “buy” rating in a research report on Wednesday, May 31st. BidaskClub upgraded Advanced Accelerator Applications from a “hold” rating to a “buy” rating in a research report on Friday, July 14th. Zacks Investment Research upgraded Advanced Accelerator Applications from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research report on Tuesday, July 11th. Jefferies Group LLC restated a “buy” rating and set a $50.00 price objective on shares of Advanced Accelerator Applications in a research report on Friday, June 23rd. Finally, TheStreet lowered Advanced Accelerator Applications from a “c-” rating to a “d” rating in a research report on Wednesday, June 14th.

A number of hedge funds have recently made changes to their positions in AAAP. JPMorgan Chase & Co. acquired a new stake in shares of Advanced Accelerator Applications during the first quarter valued at $160,000. Wells Fargo & Company MN increased its stake in shares of Advanced Accelerator Applications by 81.5% in the second quarter. Wells Fargo & Company MN now owns 4,514 shares of the company’s stock valued at $177,000 after buying an additional 2,027 shares during the last quarter. Birchview Capital LP acquired a new stake in shares of Advanced Accelerator Applications during the first quarter valued at $279,000. KCG Holdings Inc. acquired a new stake in shares of Advanced Accelerator Applications during the first quarter valued at $338,000. Finally, Geode Capital Management LLC increased its stake in shares of Advanced Accelerator Applications by 32.6% in the first quarter. Geode Capital Management LLC now owns 22,095 shares of the company’s stock valued at $880,000 after buying an additional 5,438 shares during the last quarter. 40.59% of the stock is currently owned by hedge funds and other institutional investors.

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Advanced Accelerator Applications (AAAP) traded down 0.57% during midday trading on Tuesday, hitting $48.42. The stock had a trading volume of 48,391 shares. Advanced Accelerator Applications has a one year low of $23.50 and a one year high of $51.02.

Advanced Accelerator Applications 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.

Analyst Recommendations for Advanced Accelerator Applications (NASDAQ:AAAP)

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