Aquinox Pharmaceuticals (AQXP) Given a $22.00 Price Target by Canaccord Genuity Analysts
Aquinox Pharmaceuticals (NASDAQ:AQXP) has been assigned a $22.00 price target by stock analysts at Canaccord Genuity in a research note issued on Monday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s target price points to a potential upside of 108.14% from the stock’s current price.
AQXP has been the topic of several other reports. Zacks Investment Research downgraded Aquinox Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, August 15th. Cantor Fitzgerald reiterated a “buy” rating and issued a $28.00 target price on shares of Aquinox Pharmaceuticals in a research note on Thursday, November 9th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price on shares of Aquinox Pharmaceuticals in a research note on Thursday, November 9th. Finally, ValuEngine cut shares of Aquinox Pharmaceuticals from a “hold” rating to a “sell” rating in a research note on Friday, September 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.50.
Shares of Aquinox Pharmaceuticals (NASDAQ:AQXP) traded down $0.03 during trading hours on Monday, hitting $10.57. The stock had a trading volume of 95,500 shares, compared to its average volume of 85,455. Aquinox Pharmaceuticals has a 12 month low of $10.20 and a 12 month high of $19.97.
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Aquinox Pharmaceuticals Company Profile
Aquinox Pharmaceuticals, Inc is a clinical-stage pharmaceutical company discovering and developing targeted therapeutics in disease areas of inflammation and immuno-oncology. The Company’s primary focus is anti-inflammatory product candidates targeting the Src Homology 2 (SH2)-containing inositol-5-phosphatase 1 (SHIP1) enzyme, which is a regulator of a cellular signaling pathway in immune cells, known as the phosphatidylinositol-4,5-bisphosphate 3-kinase (PI3K) pathway.
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