ABLYNX (ABLYF) Set to Announce Quarterly Earnings on Thursday

ABLYNX (OTCMKTS:ABLYF) is scheduled to issue its quarterly earnings data after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.21) per share for the quarter.

Shares of ABLYNX (OTCMKTS:ABLYF) opened at $54.50 on Tuesday. ABLYNX has a 52 week low of $11.10 and a 52 week high of $54.75.

ABLYF has been the topic of several recent research reports. Zacks Investment Research upgraded ABLYNX from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, November 22nd. Bank of America initiated coverage on ABLYNX in a research note on Friday, November 10th. They issued a “buy” rating and a $26.00 price target on the stock. Finally, ValuEngine upgraded ABLYNX from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd.

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Ablynx NV, a biopharmaceutical company, develops Nanobodies that is a proprietary therapeutic protein based on single-domain antibody fragments for the treatment of various diseases. The company develops products in various therapeutic areas, such as inflammation, hematology, immuno-oncology, oncology, and respiratory diseases.

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