Royal Bank of Canada started coverage on shares of Genmab A/S (NASDAQ:GMAB) in a research note published on Monday, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $23.00 target price on the stock.
Separately, Morgan Stanley assumed coverage on shares of Genmab A/S in a research note on Monday. They issued an overweight rating on the stock.
Shares of NASDAQ GMAB opened at $19.89 on Monday. Genmab A/S has a 52 week low of $12.10 and a 52 week high of $21.45.
Genmab A/S Company Profile
Genmab A/S, a biotechnology company, develops antibody therapeutics for the treatment of cancer primarily in Denmark. The company markets DARZALEX, a human IgG1k monoclonal antibody for the treatment of patients with multiple myeloma (MM); and Arzerra, a human IgG1k monoclonal antibody for the treatment of chronic lymphocytic leukemia (CLL).
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