Can analysts adopt a bullish outlook for Galapagos NV (ADR) (NASDAQ:GLPG)?

June 20, 2017 - By Winifred Garcia

 Can analysts adopt a bullish outlook for Galapagos NV (ADR) (NASDAQ:GLPG)?

Galapagos NV (ADR) (NASDAQ:GLPG) Ratings Coverage

Among 6 analysts covering Galapagos NV (NASDAQ:GLPG), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Galapagos NV had 8 analyst reports since August 11, 2015 according to SRatingsIntel. Janney Capital initiated the stock with “Buy” rating in Tuesday, August 30 report. The rating was downgraded by Goldman Sachs to “Neutral” on Monday, January 25. The stock of Galapagos NV (ADR) (NASDAQ:GLPG) has “Hold” rating given on Tuesday, August 11 by Zacks. The firm has “Neutral” rating given on Monday, September 28 by Credit Suisse. On Thursday, January 5 the stock rating was initiated by Stifel Nicolaus with “Hold”. The stock has “Buy” rating by Goldman Sachs on Tuesday, October 18. As per Monday, May 2, the company rating was maintained by Morgan Stanley. Below is a list of Galapagos NV (ADR) (NASDAQ:GLPG) latest ratings and price target changes.

02/03/2017 Broker: Nomura Rating: Buy Initiates Coverage On
05/01/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $65.00 Initiate

About 50,777 shares traded. Galapagos NV (ADR) (NASDAQ:GLPG) has risen 65.27% since June 20, 2016 and is uptrending. It has outperformed by 48.57% the S&P500.

Galapagos NV is a Belgium-based biotechnology company. The company has market cap of $4.16 billion. The Company’s activities are divided into two operating divisions: Research and Development and Services. It currently has negative earnings. The R & D division is engaged in the discovery and development of small molecules.

More important recent Galapagos NV (ADR) (NASDAQ:GLPG) news were published by: Quotes.Wsj.com which released: “Galapagos NV ADR GLPG (US: Nasdaq)” on May 09, 2015, also Benzinga.com published article titled: “20 Stocks Moving In Tuesday’s Pre-Market Session”, Marketwatch.com published: “81.90” on September 22, 2011. More interesting news about Galapagos NV (ADR) (NASDAQ:GLPG) was released by: Benzinga.com and their article: “Janney Initiates Galapagos At Buy, Sees Fair Value Of Shares At $64” with publication date: August 30, 2016.

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