Shares of enGene Holdings Inc. (NASDAQ:ENGN – Get Free Report) have received a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $12.6818.
Several analysts have recently commented on the stock. Guggenheim lowered shares of enGene from a “buy” rating to a “neutral” rating in a research report on Thursday, May 7th. UBS Group reduced their price target on shares of enGene from $9.00 to $2.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Leerink Partners lowered shares of enGene from an “outperform” rating to a “market perform” rating and set a $2.00 price target on the stock. in a research report on Friday, May 8th. Jefferies Financial Group began coverage on shares of enGene in a research report on Friday, January 30th. They set a “buy” rating and a $28.00 price target on the stock. Finally, Piper Sandler downgraded shares of enGene from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $7.00 to $4.00 in a report on Friday, May 8th.
Read Our Latest Stock Report on enGene
Institutional Trading of enGene
enGene Stock Down 2.5%
ENGN stock opened at $1.53 on Friday. The firm has a market cap of $102.49 million, a PE ratio of -0.68 and a beta of -0.02. The company has a debt-to-equity ratio of 0.09, a quick ratio of 11.75 and a current ratio of 11.75. The firm’s 50 day moving average price is $6.31 and its 200-day moving average price is $7.93. enGene has a one year low of $1.40 and a one year high of $12.25.
enGene (NASDAQ:ENGN – Get Free Report) last released its quarterly earnings results on Monday, March 9th. The company reported ($0.44) EPS for the quarter, beating the consensus estimate of ($0.55) by $0.11. On average, equities research analysts anticipate that enGene will post -2.06 EPS for the current year.
enGene Company Profile
enGene Holdings Inc, through its subsidiary enGene, Inc, operates as a clinical-stage biotechnology company that develops genetic medicines through the delivery of therapeutics to mucosal tissues and other organs. Its lead product candidate is EG-70 (detalimogene voraplasmid), which is a non-viral immunotherapy to treat non-muscle invasive bladder cancer patients with carcinoma-in-situ (Cis), who are unresponsive to treatment with Bacillus Calmette-Guérin. The company was founded in 2023 and is based in Saint-Laurent, Canada.
Read More
- Five stocks we like better than enGene
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Receive News & Ratings for enGene Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for enGene and related companies with MarketBeat.com's FREE daily email newsletter.
