Advanced Accelerator Applications S.A. (NASDAQ:AAAP) shares hit a new 52-week high during trading on Thursday . The company traded as high as $68.78 and last traded at $68.67, with a volume of 350,210 shares trading hands. The stock had previously closed at $65.74.

A number of research analysts have recently commented on AAAP shares. J P Morgan Chase & Co started coverage on shares of Advanced Accelerator Applications in a research report on Thursday, June 15th. They set an “overweight” rating and a $50.00 price objective for the company. TheStreet lowered shares of Advanced Accelerator Applications from a “c-” rating to a “d” rating in a research report on Wednesday, June 14th. BidaskClub raised shares of Advanced Accelerator Applications from a “sell” rating to a “hold” rating in a research report on Friday, June 23rd. Jefferies Group LLC reaffirmed 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, Zacks Investment Research raised shares of 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. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $54.00.

Advanced Accelerator Applications (NASDAQ:AAAP) last posted its earnings results on Thursday, August 31st. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.01). The company had revenue of $40.14 million for the quarter, compared to analyst estimates of $36.74 million. Advanced Accelerator Applications had a negative return on equity of 16.05% and a negative net margin of 33.83%. Analysts predict that Advanced Accelerator Applications S.A. will post ($1.00) EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new stake in Advanced Accelerator Applications in the 1st quarter worth about $160,000. Wells Fargo & Company MN raised its stake in Advanced Accelerator Applications by 81.5% in the 2nd quarter. Wells Fargo & Company MN now owns 4,514 shares of the company’s stock worth $177,000 after purchasing an additional 2,027 shares in the last quarter. KCG Holdings Inc. acquired a new stake in Advanced Accelerator Applications in the 1st quarter worth about $338,000. Birchview Capital LP raised its stake in Advanced Accelerator Applications by 185.7% in the 2nd quarter. Birchview Capital LP now owns 20,000 shares of the company’s stock worth $781,000 after purchasing an additional 13,000 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in Advanced Accelerator Applications by 32.6% in the 1st quarter. Geode Capital Management LLC now owns 22,095 shares of the company’s stock worth $880,000 after purchasing an additional 5,438 shares in the last quarter. Institutional investors and hedge funds own 37.51% of the company’s stock.

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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.

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