B. Riley Securities Reiterates Rating on AAPG $AAPG
Key Points
- B. Riley Securities now rates Ascentage Pharma Group Internat ($AAPG) "buy" with a $45 target.
- B. Riley Securities's $45 price target implies 155.68% upside from Ascentage Pharma Group Internat's ($AAPG) current $17.60 share price.
- The Street's average $AAPG price target is $47.44 (Strong Buy).
- $AAPG last traded around $17.60.
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B. Riley Securities reiterated its rating on Ascentage Pharma Group Internat ($AAPG) to a "buy" rating in a recent research note and set a price target of $45, a 155.68% upside from the current price.
Ascentage Pharma Group Internat Stock Down 3.7%
Shares of Ascentage Pharma Group Internat ($AAPG) traded around $17.60 on Saturday, down 3.7% for the day.
Ascentage Pharma Group Internat Earnings
Analysts Set New Price Targets
About Ascentage Pharma Group Internat
Ascentage Pharma Group International, a clinical-stage biotechnology company, develops therapies for cancers, chronic hepatitis B virus (HBV), and age-related diseases in Mainland China. The company's primary product candidate is HQP1351, a BCR-ABL inhibitor targeting BCR-ABL1 mutants, including those with the T315I mutation. It also develops APG-2575, an oral administered Bcl-2 selective inhibitor for hematologic malignancies and solid tumors; APG-115, an oral small molecule inhibitor of the MDM2-p53 protein-protein interactions to treat solid tumors and hematological malignancies; and APG-1252, a small molecule drug to restore apoptosis through dual inhibition of the Bcl-2 and Bcl-xL proteins for the treatment of small-cell lung cancer, non-small cell lung cancer, neuroendocrine tumor, and non-Hodgkin's lymphoma. In addition, the company is developing APG-1387, a small-molecule inhibitor of apoptosis proteins for advanced solid tumors and chronic HBV infection; APG-5918, an orally available and selective embryonic ectoderm development inhibitor. In addition, it is involved in medical research and development; clinical development; clinical trials operations; venture capital investment; rental of buildings; and provision of science and technology promotion services. The company has collaboration relationships with biotechnology and pharmaceutical companies; and research institutions. Ascentage Pharma Group International was founded in 2009 and is headquartered in Suzhou, China.
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