Advanced Accelerator Application SA (NASDAQ:AAAP)’s share price shot up 3% on Wednesday . The company traded as high as $36.00 and last traded at $34.23, with a volume of 127,391 shares changing hands. The stock had previously closed at $33.22.

A number of brokerages have weighed in on AAAP. Zacks Investment Research raised shares of Advanced Accelerator Application SA from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th. Canaccord Genuity reaffirmed a “buy” rating on shares of Advanced Accelerator Application SA in a research note on Tuesday, May 31st. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $35.67.

The company’s 50 day moving average price is $31.37 and its 200-day moving average price is $31.81. The stock’s market cap is $1.28 billion.

Advanced Accelerator Applications SA is a radiopharmaceutical company that develops, produces and sells molecular nuclear medicine (MNM), diagnostic and therapeutic products. The Company’s lead therapeutic candidate, Lutathera, is being developed for the treatment of midgut neuroendocrine tumors (NETs).

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