Fintel reports that on February 13, 2025, Leerink Partners upgraded their outlook for Genmab A (NasdaqGS:GMAB) from Market Perform to Outperform.
Analyst Price Forecast Suggests 558.90% Upside
As of January 29, 2025, the average one-year price target for Genmab A is $129.74/share. The forecasts range from a low of -$143.01 to a high of $236.71. The average price target represents an increase of 558.90% from its latest reported closing price of $19.69 / share.
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The projected annual revenue for Genmab A is 22,486MM, an increase of 4.46%. The projected annual non-GAAP EPS is 126.42.
What is the Fund Sentiment?
There are 258 funds or institutions reporting positions in Genmab A. This is an decrease of 13 owner(s) or 4.80% in the last quarter. Average portfolio weight of all funds dedicated to GMAB is 0.07%, an increase of 0.14%. Total shares owned by institutions increased in the last three months by 10.43% to 64,568K shares.
The put/call ratio of GMAB is 0.62, indicating a bullish outlook.
What are Other Shareholders Doing?
Alliancebernstein holds 14,935K shares. In its prior filing, the firm reported owning 15,136K shares , representing a decrease of 1.35%. The firm decreased its portfolio allocation in GMAB by 33.62% over the last quarter.
APGAX - AB LARGE CAP GROWTH FUND INC holds 4,509K shares. In its prior filing, the firm reported owning 4,581K shares , representing a decrease of 1.59%. The firm decreased its portfolio allocation in GMAB by 23.12% over the last quarter.
IBB - iShares Nasdaq Biotechnology ETF holds 4,123K shares. In its prior filing, the firm reported owning 4,196K shares , representing a decrease of 1.78%. The firm decreased its portfolio allocation in GMAB by 7.21% over the last quarter.
Harding Loevner holds 3,067K shares. In its prior filing, the firm reported owning 2,768K shares , representing an increase of 9.75%. The firm increased its portfolio allocation in GMAB by 12.24% over the last quarter.
Capital International Investors holds 2,571K shares. In its prior filing, the firm reported owning 4,422K shares , representing a decrease of 71.99%. The firm decreased its portfolio allocation in GMAB by 51.42% over the last quarter.
Genmab Background Information
(This description is provided by the company.)
Genmab A/S is a Danish biotechnology company, founded in February 1999 by Florian Schönharting, at the time managing director of BankInvest Biomedical venture fund.
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