How Many Zafgen, Inc. (NASDAQ:ZFGN)’s Analysts Are Bearish?

May 16, 2018 - By Thomas Roop

Zafgen, Inc. (NASDAQ:ZFGN) Logo

Zafgen, Inc. (NASDAQ:ZFGN) Ratings Coverage

Among 2 analysts covering Zafgen (NASDAQ:ZFGN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Zafgen had 2 analyst reports since January 5, 2018 according to SRatingsIntel. Below is a list of Zafgen, Inc. (NASDAQ:ZFGN) latest ratings and price target changes.

07/03/2018 Broker: JMP Securities Rating: Buy New Target: $20.0
05/01/2018 Broker: Cowen & Co Rating: Hold

The stock decreased 0.15% or $0.01 during the last trading session, reaching $6.51. About 8,535 shares traded. Zafgen, Inc. (NASDAQ:ZFGN) has risen 54.27% since May 16, 2017 and is uptrending. It has outperformed by 42.72% the S&P500.

Zafgen, Inc., a biopharmaceutical company, focuses on the development of therapeutics for patients suffering from metabolic diseases comprising type 2 diabetes and obesity. The company has market cap of $179.44 million. The companyÂ’s lead product candidate is ZGN-1061, a fumagillin-class MetAP2 inhibitor administered by subcutaneous injection, which is in Phase 1 clinical trial and profiled for its utility in the treatment of metabolic diseases. It currently has negative earnings.

More recent Zafgen, Inc. (NASDAQ:ZFGN) news were published by: Globenewswire.com which released: “Zafgen Reports First Quarter 2018 Operating and Financial Results” on May 08, 2018. Also Seekingalpha.com published the news titled: “Zafgen’s (ZFGN) CEO Jeff Hatfield on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018. Nasdaq.com‘s news article titled: “Zafgen to Host Conference Call to Discuss First Quarter 2018 Financial Results” with publication date: May 01, 2018 was also an interesting one.

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