Bank of America Corporation restated their buy rating on shares of Grifols, S.A. (NASDAQ:GRFS) in a research report report published on Tuesday morning, StockTargetPrices.com reports.
Other equities analysts have also issued reports about the company. BidaskClub lowered Grifols, from a buy rating to a hold rating in a research note on Friday, June 9th. Goldman Sachs Group, Inc. (The) lowered Grifols, from a buy rating to a neutral rating in a research report on Friday, June 30th. Zacks Investment Research lowered Grifols, from a buy rating to a hold rating in a research report on Friday, May 5th. HSBC Holdings plc lowered Grifols, from a hold rating to a reduce rating in a research report on Friday, April 7th. Finally, J P Morgan Chase & Co raised Grifols, from a neutral rating to an overweight rating in a research report on Thursday, March 30th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Grifols, has a consensus rating of Hold and an average price target of $24.00.
Shares of Grifols, (NASDAQ GRFS) traded up 1.238% during mid-day trading on Tuesday, reaching $20.855. 220,506 shares of the company’s stock traded hands. The company has a market cap of $27.94 billion, a price-to-earnings ratio of 44.514 and a beta of 0.98. The company has a 50 day moving average of $21.42 and a 200 day moving average of $18.78. Grifols, has a 12 month low of $14.27 and a 12 month high of $22.83.
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Several institutional investors have recently modified their holdings of the company. Huntington National Bank raised its position in shares of Grifols, by 1.2% in the first quarter. Huntington National Bank now owns 6,704 shares of the biotechnology company’s stock worth $127,000 after buying an additional 77 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Grifols, during the first quarter valued at about $143,000. Quantbot Technologies LP increased its stake in shares of Grifols, by 86.8% in the first quarter. Quantbot Technologies LP now owns 8,122 shares of the biotechnology company’s stock valued at $153,000 after buying an additional 3,774 shares during the period. A.R.T. Advisors LLC bought a new stake in shares of Grifols, during the fourth quarter valued at about $178,000. Finally, Quadrant Capital Group LLC increased its stake in shares of Grifols, by 168.1% in the first quarter. Quadrant Capital Group LLC now owns 11,990 shares of the biotechnology company’s stock valued at $220,000 after buying an additional 7,517 shares during the period. 22.12% of the stock is currently owned by institutional investors.
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