Histogenics (HSGX) Rating Reiterated by Canaccord Genuity

Canaccord Genuity reiterated their buy rating on shares of Histogenics (NASDAQ:HSGX) in a research report report published on Thursday morning. Canaccord Genuity currently has a $4.00 price objective on the biotechnology company’s stock.

A number of other equities analysts have also recently commented on HSGX. Zacks Investment Research raised Histogenics from a hold rating to a buy rating and set a $2.00 target price on the stock in a report on Wednesday, August 23rd. HC Wainwright reaffirmed a buy rating and issued a $3.50 target price on shares of Histogenics in a report on Tuesday, November 21st.

Shares of Histogenics (HSGX) opened at $2.04 on Thursday. Histogenics has a 52 week low of $1.45 and a 52 week high of $2.40. The company has a market capitalization of $49.59, a price-to-earnings ratio of -1.48 and a beta of 1.43.

Histogenics (NASDAQ:HSGX) last released its quarterly earnings results on Thursday, November 9th. The biotechnology company reported ($0.23) earnings per share for the quarter, beating the consensus estimate of ($0.30) by $0.07. analysts expect that Histogenics will post -0.99 EPS for the current year.

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Histogenics Company Profile

Histogenics Corporation is a regenerative medicine company. The Company is focused on developing and commercializing products in the musculoskeletal segment of the marketplace. The Company’s product candidate, NeoCart utilizes various aspects of regenerative medicine platform to develop a tissue implant intended to treat tissue injury in the field of orthopedics, specifically cartilage damage in the knee.

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