Danish bank cuts Genmab price target, retains "buy" recommendation

Jyske Bank has adjusted its valuation of Genmab’s share price target to DKK 2850 (USD 434.4). Investors should continue to buy, the Danish bank says.
Photo: Stine Tidsvilde
Photo: Stine Tidsvilde
by marketwire, translated by daniel pedersen

Danish bank Jyske bank has cut Genmab’s share price target by 4 percent, going from DKK 2975 (USD 453.5) to DKK 2850 (USD 434.4). The bank retains its recommendation ”buy” despite the company’s recent dip on the exchange, according to an analysis prior to the company’s financial report, which will be publicized on February 16.

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