Jefferies Group LLC restated their hold rating on shares of Affimed N.V. (NASDAQ:AFMD) in a research report released on Thursday. Jefferies Group LLC currently has a $2.50 price target on the biopharmaceutical company’s stock.

Several other equities research analysts have also issued reports on AFMD. Oppenheimer Holdings, Inc. set a $10.00 price target on Affimed N.V. and gave the company a buy rating in a research report on Saturday, April 15th. Zacks Investment Research lowered Affimed N.V. from a buy rating to a hold rating in a research report on Friday, April 21st. ValuEngine raised Affimed N.V. from a strong sell rating to a sell rating in a research report on Friday, June 30th. Finally, SunTrust Banks, Inc. initiated coverage on Affimed N.V. in a research report on Thursday, July 13th. They set a buy rating and a $7.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Affimed N.V. has a consensus rating of Hold and an average target price of $4.80.

Shares of Affimed N.V. (AFMD) opened at 2.15 on Thursday. The firm’s 50-day moving average is $2.22 and its 200-day moving average is $2.23. The firm’s market cap is $94.47 million. Affimed N.V. has a 12-month low of $1.65 and a 12-month high of $3.25.

Affimed N.V. (NASDAQ:AFMD) last announced its earnings results on Wednesday, May 17th. The biopharmaceutical company reported ($0.21) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.03. Affimed N.V. had a negative return on equity of 68.94% and a negative net margin of 655.80%. The company had revenue of $1.94 million for the quarter, compared to analyst estimates of $1.73 million. During the same period in the prior year, the company posted ($0.25) EPS. Affimed N.V.’s quarterly revenue was up 385.0% on a year-over-year basis. Equities analysts expect that Affimed N.V. will post ($0.92) earnings per share for the current fiscal year.

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Large investors have recently bought and sold shares of the stock. Creative Planning raised its stake in shares of Affimed N.V. by 30.0% in the first quarter. Creative Planning now owns 65,000 shares of the biopharmaceutical company’s stock valued at $150,000 after buying an additional 15,000 shares in the last quarter. Nationwide Fund Advisors raised its stake in shares of Affimed N.V. by 9,542.0% in the first quarter. Nationwide Fund Advisors now owns 484,027 shares of the biopharmaceutical company’s stock valued at $1,113,000 after buying an additional 479,007 shares in the last quarter. NEA Management Company LLC bought a new stake in shares of Affimed N.V. during the first quarter valued at $8,944,000. Wellington Management Group LLP raised its stake in shares of Affimed N.V. by 30.8% in the first quarter. Wellington Management Group LLP now owns 5,413,291 shares of the biopharmaceutical company’s stock valued at $12,450,000 after buying an additional 1,274,852 shares in the last quarter. Finally, Tekla Capital Management LLC raised its stake in shares of Affimed N.V. by 377.7% in the first quarter. Tekla Capital Management LLC now owns 1,405,324 shares of the biopharmaceutical company’s stock valued at $3,232,000 after buying an additional 1,111,111 shares in the last quarter. 42.41% of the stock is currently owned by institutional investors and hedge funds.

Affimed N.V. Company Profile

Affimed N.V. is a clinical-stage biopharmaceutical company focused on discovering and developing cancer immunotherapies. The Company’s product candidates are developed in the field of immuno-oncology, which represents an approach to cancer research that seeks to harness the body’s own immune system to fight tumor cells.

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