Senseonics Holdings’ (SENS) Outperform Rating Reaffirmed at Leerink Swann
Senseonics Holdings Inc (NYSEMKT:SENS)‘s stock had its “outperform” rating reiterated by research analysts at Leerink Swann in a report released on Thursday. They currently have a $6.00 price target on the stock, up from their prior price target of $4.50. Leerink Swann’s target price indicates a potential upside of 51.52% from the stock’s previous close.
SENS has been the topic of a number of other research reports. Canaccord Genuity restated a “buy” rating on shares of Senseonics Holdings in a report on Thursday, May 26th. Zacks Investment Research upgraded shares of Senseonics Holdings from a “hold” rating to a “buy” rating and set a $4.50 price target on the stock in a report on Saturday, August 13th. Finally, BTIG Research reiterated a “buy” rating on shares of Senseonics Holdings in a report on Monday, May 30th. Five equities research analysts have rated the stock with a buy rating, Senseonics Holdings has an average rating of “Buy” and a consensus target price of $5.20.
Senseonics Holdings (NYSEMKT:SENS) traded up 0.76% during trading on Thursday, hitting $3.99. 57,201 shares of the company’s stock traded hands. The stock’s market cap is $372.62 million. The company’s 50 day moving average is $3.87 and its 200-day moving average is $3.56. Senseonics Holdings has a 12 month low of $2.53 and a 12 month high of $4.24.
Senseonics Holdings (NYSEMKT:SENS) last released its quarterly earnings results on Tuesday, August 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by $0.02. On average, analysts predict that Senseonics Holdings will post ($0.49) earnings per share for the current year.
Several large investors have recently bought and sold shares of the stock. Spark Investment Management LLC purchased a new stake in Senseonics Holdings during the first quarter worth approximately $112,000. Wellington Management Group LLP bought a new stake in shares of Senseonics Holdings during the first quarter valued at about $13,460,000. Sabby Management LLC bought a new stake in shares of Senseonics Holdings during the first quarter valued at about $440,000. Bank of New York Mellon Corp bought a new stake in shares of Senseonics Holdings during the second quarter valued at about $222,000. Finally, California State Teachers Retirement System bought a new stake in shares of Senseonics Holdings during the second quarter valued at about $229,000.
About Senseonics Holdings
Senseonics Holdings, Inc, formerly ASN Technologies, Inc, is a medical technology company. The Company is focused on the design, development and commercialization of glucose monitoring systems. The Company operates through glucose monitoring systems segment. It offers a continuous glucose monitoring (CGM) system, Eversense, which is designed to be an implantable CGM system to continually measure glucose levels in people with diabetes for a period of approximately 90 days.
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