Independent Research GmbH Analysts Give MediGene AG (MDG1) a €12.00 Price Target

MediGene AG (ETR:MDG1) received a €12.00 ($13.95) target price from equities research analysts at Independent Research GmbH in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock. Independent Research GmbH’s price objective indicates a potential upside of 9.14% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. Baader Bank set a €19.00 ($22.09) target price on shares of MediGene AG and gave the company a “buy” rating in a research note on Thursday, November 9th. Oddo Securities set a €12.00 ($13.95) target price on shares of MediGene AG and gave the company a “buy” rating in a research note on Tuesday, August 8th.

MediGene AG (ETR:MDG1) opened at €11.00 ($12.78) on Tuesday. MediGene AG has a 1-year low of €8.38 ($9.74) and a 1-year high of €15.24 ($17.72).

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About MediGene AG

Medigene AG, a biotechnology company, develops immunotherapy platforms to treat a range of cancers in various stages. It operates through two segments, Immunotherapies and Other Products. The company develops Dendritic cell vaccines in phase I/II clinical trials; and T-cell receptor-modified T cells and T-cell-specific monoclonal antibodies in preclinical development phase.

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