why Immutep Limited ADR [IMMP] is a Good Choice for Investors After New Price Target of $8.07

Caleb Clifford

Immutep Limited ADR [NASDAQ: IMMP] price surged by 4.42 percent to reach at $0.08.

A sum of 144902 shares traded at recent session while its average daily volume was at 137.11K shares. Immutep Limited ADR shares reached a high of $1.95 and dropped to a low of $1.77 until finishing in the latest session at $1.89.

The one-year IMMP stock forecast points to a potential upside of 76.58. The average equity rating for IMMP stock is currently 1.33, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Immutep Limited ADR [IMMP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IMMP shares is $8.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IMMP stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

CapitalOne have made an estimate for Immutep Limited ADR shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 17, 2024. While these analysts kept the previous recommendation, Robert W. Baird raised their target price to Outperform. The new note on the price target was released on August 03, 2023, representing the official price target for Immutep Limited ADR stock. Previously, the target price had yet another raise to $8.30, while Ladenburg Thalmann analysts kept a Buy rating on IMMP stock.

The Price to Book ratio for the last quarter was 2.93, with the Price to Cash per share for the same quarter was set at 0.58.

IMMP Stock Performance Analysis:

Immutep Limited ADR [IMMP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.53. With this latest performance, IMMP shares dropped by -5.03% in over the last four-week period, additionally sinking by -4.06% over the last 6 months – not to mention a drop of -12.90% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IMMP stock in for the last two-week period is set at 56.34, with the RSI for the last a single of trading hit 0.0970, and the three-weeks RSI is set at 0.0955 for Immutep Limited ADR [IMMP]. The present Moving Average for the last 50 days of trading for this stock 1.8622, while it was recorded at 1.7740 for the last single week of trading, and 1.7794 for the last 200 days.

Immutep Limited ADR (IMMP) Capital Structure & Debt Analysis

According to recent financial data for Immutep Limited ADR. ( IMMP), the Return on Equity (ROE) stands at -35.86%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -33.32%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Immutep Limited ADR’s Return on Invested Capital (ROIC) is -41.94%, showcasing its effectiveness in deploying capital for earnings.

Immutep Limited ADR (IMMP) Efficiency & Liquidity Metrics

Based on Immutep Limited ADR’s (IMMP) latest financial statements, the Debt-to-Equity Ratio is 0.01%, indicating its reliance on debt financing relative to shareholder equity.

Immutep Limited ADR (IMMP) Efficiency & Liquidity Metrics

Immutep Limited ADR [IMMP] Institutonal Ownership Details

There are presently around $2.18%, or 2.18%% of IMMP stock, in the hands of institutional investors. The top three institutional holders of IMMP stocks are: BLACKROCK INC. with ownership of 0.84 million shares, which is approximately 0.0691%. MERIDIAN WEALTH MANAGEMENT, LLC, holding 0.38 million shares of the stock with an approximate value of $$0.77 million in IMMP stocks shares; and MERIDIAN WEALTH MANAGEMENT, LLC, currently with $$0.5 million in IMMP stock with ownership which is approximately 0.0204%.

DBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.