Zacks Investment Research upgraded shares of Ablynx Nv (OTCMKTS:ABLYF) from a hold rating to a buy rating in a report published on Wednesday morning. Zacks Investment Research currently has $25.00 target price on the stock.

According to Zacks, “Ablynx NV is a biopharmaceutical company which engaged in the development of Nanobodies (R) proprietary therapeutic proteins based on single-domain antibody fragments. The company also discovers and develops therapeutic for inflammation, haematology, immuno-oncology, oncology and respiratory disease. Ablynx NV is headquartered in Ghent, Belgium. “

Separately, Bank of America Corporation assumed coverage on Ablynx Nv in a research note on Friday, November 10th. They set a buy rating and a $26.00 price target for the company.

Shares of Ablynx Nv (OTCMKTS:ABLYF) opened at $22.53 on Wednesday. Ablynx Nv has a 1-year low of $9.75 and a 1-year high of $50.00.

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Ablynx Nv Company Profile

Ablynx NV, a biopharmaceutical company, develops Nanobodies that is a proprietary therapeutic protein based on single-domain antibody fragments for the treatment of various diseases. The company develops products in various therapeutic areas, such as inflammation, hematology, immuno-oncology, oncology, and respiratory diseases.

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