Senseonics Holdings Inc (NYSEMKT:SENS) Receives $5.40 Average Price Target from Analysts
Senseonics Holdings Inc (NYSEMKT:SENS) has earned an average recommendation of “Buy” from the six brokerages that are presently covering the company. Six investment analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have covered the stock in the last year is $5.40.
SENS has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Senseonics Holdings from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a report on Saturday, August 13th. Canaccord Genuity restated a “buy” rating and set a $6.00 target price on shares of Senseonics Holdings in a report on Wednesday, August 10th. B. Riley began coverage on shares of Senseonics Holdings in a report on Monday. They set a “buy” rating and a $5.50 target price for the company. Finally, Leerink Swann reiterated an “outperform” rating and issued a $6.00 price target (up previously from $4.50) on shares of Senseonics Holdings in a research note on Thursday, September 22nd.
Shares of Senseonics Holdings (NYSEMKT:SENS) opened at 3.89 on Tuesday. The stock’s 50 day moving average is $3.98 and its 200 day moving average is $3.58. Senseonics Holdings has a 12 month low of $2.53 and a 12 month high of $4.24. The firm’s market capitalization is $363.28 million.
Senseonics Holdings (NYSEMKT:SENS) last announced its earnings results on Tuesday, August 9th. The company reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by $0.02. Equities research analysts forecast that Senseonics Holdings will post ($0.49) earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the stock. Spark Investment Management LLC bought a new position in shares of Senseonics Holdings during the first quarter valued at $112,000. Teachers Advisors Inc. bought a new position in shares of Senseonics Holdings during the second quarter valued at $175,000. Schwab Charles Investment Management Inc. bought a new position in shares of Senseonics Holdings during the second quarter valued at $180,000. Bank of New York Mellon Corp bought a new position in shares of Senseonics Holdings during the second quarter valued at $222,000. Finally, California State Teachers Retirement System bought a new position in shares of Senseonics Holdings during the second quarter valued at $229,000.
Senseonics Holdings Company Profile
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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