Ablynx (ABLX) Coverage Initiated at Robert W. Baird

Research analysts at Robert W. Baird assumed coverage on shares of Ablynx (NASDAQ:ABLX) in a research note issued on Monday, November 20th, Marketbeat Ratings reports. The firm set an “outperform” rating and a $33.00 price target on the stock. Robert W. Baird’s target price would suggest a potential upside of 43.73% from the stock’s current price.

Separately, Bank of America assumed coverage on Ablynx in a report on Friday, November 10th. They issued a “buy” rating and a $26.00 target price for the company.

Ablynx (ABLX) traded down $0.38 during trading hours on Monday, reaching $22.96. The company had a trading volume of 128,207 shares, compared to its average volume of 370,167. Ablynx has a 52-week low of $17.75 and a 52-week high of $23.76.

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