Leerink Swann reiterated their outperform rating on shares of Senseonics Holdings Inc (NYSEMKT:SENS) in a report issued on Thursday morning. The brokerage currently has a $6.00 price target on the stock, up from their previous price target of $4.50.
Several other research firms have also issued reports on SENS. Canaccord Genuity reissued a buy rating and set a $6.00 price objective on shares of Senseonics Holdings in a research note on Wednesday, August 10th. Zacks Investment Research raised Senseonics Holdings from a hold rating to a buy rating and set a $4.50 price objective for the company in a research note on Saturday, August 13th. Finally, BTIG Research reissued a buy rating on shares of Senseonics Holdings in a research note on Monday, May 30th. Six analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average target price of $5.25.
Shares of Senseonics Holdings (NYSEMKT:SENS) opened at 3.96 on Thursday. Senseonics Holdings has a 52 week low of $2.53 and a 52 week high of $4.24. The firm’s market cap is $369.82 million. The stock has a 50 day moving average price of $3.96 and a 200 day moving average price of $3.58.
Senseonics Holdings (NYSEMKT:SENS) last posted its quarterly earnings data on Tuesday, August 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by $0.02. Equities analysts expect that Senseonics Holdings will post ($0.49) earnings per share for the current year.
Hedge funds have recently modified their holdings of the company. Spark Investment Management LLC boosted its stake in shares of Senseonics Holdings by 72.5% in the second quarter. Spark Investment Management LLC now owns 67,800 shares of the company’s stock worth $266,000 after buying an additional 28,500 shares in the last quarter. Teachers Advisors Inc. bought a new stake in shares of Senseonics Holdings during the second quarter worth approximately $175,000. Schwab Charles Investment Management Inc. bought a new stake in shares of Senseonics Holdings during the second quarter worth approximately $180,000. Bank of New York Mellon Corp bought a new stake in shares of Senseonics Holdings during the second quarter worth approximately $222,000. Finally, California State Teachers Retirement System bought a new stake in shares of Senseonics Holdings during the second quarter worth approximately $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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