Trillium Therapeutics Inc. (TRIL) Receives Consensus Recommendation of “Buy” from Analysts
Trillium Therapeutics Inc. (NASDAQ:TRIL) (TSE:TR) has been given an average recommendation of “Buy” by the seven ratings firms that are currently covering the stock. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $24.25.
A number of research analysts have issued reports on the company. Zacks Investment Research cut Trillium Therapeutics from a “hold” rating to a “sell” rating in a research note on Thursday, February 9th. Cowen and Company reissued a “buy” rating on shares of Trillium Therapeutics in a research note on Monday, December 5th. Bloom Burton reissued a “buy” rating on shares of Trillium Therapeutics in a research note on Friday, November 4th. Finally, Leerink Swann reissued an “outperform” rating and issued a $20.00 target price on shares of Trillium Therapeutics in a research note on Thursday, November 3rd.
Shares of Trillium Therapeutics (NASDAQ:TRIL) traded down 2.22% on Friday, reaching $6.60. The company’s stock had a trading volume of 98,172 shares. The firm’s market cap is $51.59 million. The company’s 50 day moving average is $5.58 and its 200-day moving average is $9.84. Trillium Therapeutics has a 1-year low of $4.50 and a 1-year high of $17.70.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. New Leaf Venture Partners L.L.C. acquired a new position in Trillium Therapeutics during the fourth quarter worth about $547,000. Janus Capital Management LLC boosted its position in Trillium Therapeutics by 0.3% in the fourth quarter. Janus Capital Management LLC now owns 571,203 shares of the company’s stock worth $3,227,000 after buying an additional 1,619 shares during the last quarter. Oxford Asset Management boosted its position in Trillium Therapeutics by 47.7% in the fourth quarter. Oxford Asset Management now owns 24,660 shares of the company’s stock worth $139,000 after buying an additional 7,967 shares during the last quarter. Baker BROS. Advisors LP acquired a new position in Trillium Therapeutics during the third quarter worth about $6,120,000. Finally, Susquehanna International Group LLP acquired a new position in Trillium Therapeutics during the third quarter worth about $372,000. 42.78% of the stock is owned by hedge funds and other institutional investors.
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Trillium Therapeutics Company Profile
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