Analysts Set TapImmune Inc. (NASDAQ:MRKR) Price Target at $12.07

Shares of TapImmune Inc. (NASDAQ:MRKR) have received an average rating of “Buy” from the eight analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $12.07.

A number of equities analysts recently issued reports on MRKR shares. Nomura reiterated a “buy” rating and issued a $16.00 target price on shares of TapImmune in a research report on Tuesday, August 13th. Janney Montgomery Scott reiterated a “buy” rating on shares of TapImmune in a research report on Sunday, July 21st. ValuEngine upgraded shares of TapImmune from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Finally, Zacks Investment Research lowered shares of TapImmune from a “hold” rating to a “sell” rating in a research report on Thursday, October 10th.

In other news, insider Peter L. Hoang acquired 10,000 shares of TapImmune stock in a transaction on Wednesday, August 14th. The stock was bought at an average cost of $4.62 per share, with a total value of $46,200.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 23.70% of the stock is currently owned by corporate insiders.

Shares of TapImmune stock traded down $0.08 during trading on Friday, hitting $3.92. 270,847 shares of the stock were exchanged, compared to its average volume of 417,929. The stock’s fifty day moving average is $4.51 and its 200 day moving average is $5.61. The stock has a market cap of $176.74 million, a PE ratio of -2.35 and a beta of 0.16. The company has a debt-to-equity ratio of 0.01, a quick ratio of 16.85 and a current ratio of 16.85. TapImmune has a 12 month low of $3.76 and a 12 month high of $9.17.

About TapImmune

Marker Therapeutics, Inc, a clinical-stage immuno-oncology company, develops and commercializes novel cell-based immunotherapies and peptide-based vaccines for the treatment of hematological malignancies and solid tumor indications. Its MultiTAA T cell technology is based on the tumor-specific T cells that recognize tumor associated antigens and kill tumor cells expressing those targets.

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Analyst Recommendations for TapImmune (NASDAQ:MRKR)

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