Cantor Fitzgerald Analysts Give Seattle Genetics (SGEN) a $50.00 Price Target

Seattle Genetics, Inc. (NASDAQ:SGEN) has risen 75.68% since January 17, 2017 and is uptrending. It has outperformed by 58.98% the S&P500.

Wendell David Associates Inc decreased its stake in Automatic Data Processing (ADP) by 2.32% based on its latest 2017Q3 regulatory filing with the SEC. 1,862,500 shares of the company were exchanged, compared to its average volume of 957,482. The hedge fund run by Matthew Iorio held 244,700 shares of the business services company at the end of 2017Q3, valued at $25.75 million, down from 292,400 at the end of the previous reported quarter. The company has market cap of $128.60 million.

The stock decreased 0.10% or $0.01 during the last trading session, reaching $10.51.

The company during the last trade was able to reach a volume of 15.34 million shares. Andeavor (NYSE:ANDV) has 0.00% since January 16, 2017 and is. It has underperformed by 3.88% the S&P500.

Analysts await tronc, Inc. (NASDAQ:ADP) to report earnings on February, 7. They expect that General Motors Company (GM) price will be reaching a mean target of $47 a share. MANU's profit will be $21.35M for 37.60 P/E if the $0.13 EPS becomes a reality. The biotechnology company reported ($0.19) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.42) by $0.23. Therefore 64% are positive. Andeavor had 15 analyst reports since August 14, 2017 according to SRatingsIntel. White Elm Capital Llc sold 47,700 shares as the company's stock rose 5.74% with the market. The stock of Visa Inc. The firm has "Buy" rating by Sterne Agee CRT given on Thursday, December 17.

Wednesday seemed like a heavier volume day for Seattle Genetics, Inc. (NASDAQ:ADP) has "Hold" rating given on Tuesday, September 12 by BMO Capital Markets. The firm earned "Buy" rating on Friday, October 27 by H.C. Wainwright. Mizuho maintained Visa Inc. The stock holds an average trading capacity of 970.17K shares for the past three months. The firm earned "Neutral" rating on Thursday, March 2 by Bank of America. RBC Capital Markets maintained the shares of V in report on Tuesday, November 3 with "Outperform" rating. (NASDAQ:SGEN) for 4,196 shares.

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. Amp Investors Limited stated it has 52,033 shares. 9 funds opened positions while 28 raised stakes.


SGEN has been the subject of several other research reports. Bank of Montreal Can now owns 8,381 shares of the biotechnology company's stock worth $449,000 after acquiring an additional 7,368 shares during the period. Chase Inv Counsel Corporation has 3.05% invested in Visa Inc. (NASDAQ:ADP). 229,688 were accumulated by Stack Fincl Management Incorporated. It increased, as 6 investors sold DMRC shares while 10 reduced holdings. (NYSE:V). Moreover, Two Creeks Cap Mngmt LP has 15.45% invested in Visa Inc. (NASDAQ:SGEN). Canada Pension Plan Invest Board reported 0.01% stake. (NASDAQ:ADP) for 83,658 shares. Rbo Ltd Com accumulated 5,126 shares or 0.14% of the stock. 140.23 million shares or 2.00% more from 137.48 million shares in 2017Q2 were reported. Seattle Genetics has a 12-month low of $45.31 and a 12-month high of $71.32. (NASDAQ:ADP) for 5,020 shares.

Lindsell Train Ltd holds 4.53% of its portfolio in Manchester United plc for 7.47 million shares. Its down 16.16% from 1.29 million shares previously. Polar Asset Management Partners holds 371,165 shares. Bancorporation Of Ny Mellon holds 0% or 33,789 shares. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Cline Darren S sold $397,466 worth of stock or 7,569 shares. About 49,547 shares traded. The insider SIMPSON TODD E sold 9,638 shares worth $501,176. The shares were sold at an average price of $60.91, for a total transaction of $2,398,940.35. The insider SIEGALL CLAY B sold $1.04M.

Investors sentiment decreased to 0.78 in 2017 Q3. Short-term as well long term shareholders always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0.20 as current ratio and on the opponent side the debt to equity ratio was 1.56 and long-term debt to equity ratio also remained 1.40. 29 funds opened positions while 69 raised stakes. First Manhattan reported 3,150 shares. Manufacturers Life Insurance Co The holds 0% in Seattle Genetics, Inc. (NASDAQ:SGEN) for 10,614 shares. Barclays Public Limited Liability Company reported 7,994 shares. Prudential Inc accumulated 0% or 6,091 shares. Guggenheim initiated Seattle Genetics, Inc. (NASDAQ:SGEN). Stanley owns 0.06% invested in Seattle Genetics, Inc.

Seattle Genetics, Inc., a biotechnology company, develops and commercializes targeted therapies to treat cancer worldwide. Fairfield Bush reported 16,772 shares or 0.29% of all its holdings. Zacks' sales calculations are a mean average based on a survey of analysts that cover Seattle Genetics. Credit Suisse Ag holds 0.01% or 250,677 shares. (NASDAQ:SGEN). Japan-based Sumitomo Mitsui Trust Holdings Incorporated has invested 0.02% in Seattle Genetics, Inc. (NASDAQ:SGEN). 805,000 are held by Tourbillon Cap L P. BidaskClub upgraded Seattle Genetics from a "sell" rating to a "hold" rating in a research report on Saturday, December 9th. Therefore 39% are positive. Cann assumed coverage on Seattle Genetics in a research report on Wednesday, November 8th. Natixis maintained the stock with "Buy" rating in Thursday, September 24 report. The rating was maintained by Cantor Fitzgerald on Monday, June 19 with "Hold". They issued a "hold" rating on the stock. On Wednesday, July 27 the stock rating was maintained by Barclays Capital with "Overweight".

Foundation Medicine, Inc. (FMI) stock moved with shift of 2.13% in the past week. The stock of Andeavor (NYSE:ANDV) has "Overweight" rating given on Friday, November 3 by JP Morgan. (NYSE:V) on Thursday, January 4 with "Buy" rating. The firm has "Buy" rating by KeyBanc Capital Markets given on Wednesday, October 18. The stock of Anheuser-Busch InBev SA/NV (NYSE:BUD) earned "Buy" rating by Sterne Agee CRT on Thursday, September 17. $407,199 worth of stock was sold by DRACHMAN JONATHAN G on Monday, August 28. It is negative, as 51 investors sold SGEN shares while 74 reduced holdings.

Whalerock Point Partners Llc, which manages about $651.31 million and $283.26M US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 2,987 shares to 23,780 shares, valued at $3.47M in 2017Q3, according to the filing.

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