Merus NV (NASDAQ:MRUS) has received a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.
Brokerages have set a twelve-month consensus price objective of $27.00 for the company and are expecting that the company will post $0.08 EPS for the current quarter, according to Zacks. Zacks has also assigned Merus NV an industry rank of 155 out of 265 based on the ratings given to related companies.
MRUS has been the subject of several recent research reports. Jefferies Group LLC raised their price objective on Merus NV to $33.00 and gave the company a “buy” rating in a research report on Friday, February 17th. Citigroup Inc lowered Merus NV from a “buy” rating to a “neutral” rating and set a $31.00 price objective for the company. in a research report on Tuesday, March 21st. Finally, Zacks Investment Research lowered Merus NV from a “hold” rating to a “sell” rating in a research report on Friday, May 5th.
Several institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC bought a new position in Merus NV during the first quarter valued at about $244,000. Spark Investment Management LLC bought a new position in Merus NV during the first quarter valued at about $458,000. Renaissance Technologies LLC bought a new position in Merus NV during the first quarter valued at about $549,000. Norges Bank bought a new position in Merus NV during the fourth quarter valued at about $790,000. Finally, Victory Capital Management Inc. bought a new position in Merus NV during the first quarter valued at about $976,000. 29.03% of the stock is owned by hedge funds and other institutional investors.
Merus NV (NASDAQ:MRUS) traded down 0.70% on Tuesday, reaching $19.78. 27,796 shares of the company’s stock traded hands. Merus NV has a 12 month low of $7.26 and a 12 month high of $33.63. The firm’s 50 day moving average price is $20.76 and its 200 day moving average price is $21.60. The company’s market cap is $318.16 million.
Merus NV Company Profile
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Merus NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merus NV and related companies with MarketBeat.com's FREE daily email newsletter.