Galapagos (NASDAQ:GLPG) is scheduled to announce its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.71) per share for the quarter.
Galapagos (NASDAQ:GLPG) opened at $115.22 on Thursday. Galapagos has a 1-year low of $67.30 and a 1-year high of $121.09. The stock has a market capitalization of $5,750.00, a price-to-earnings ratio of -122.64 and a beta of 0.87.
Several research analysts have issued reports on GLPG shares. BTIG Research reaffirmed a “buy” rating and set a $118.00 price objective on shares of Galapagos in a report on Thursday, February 8th. Stifel Nicolaus reaffirmed a “buy” rating and set a $120.00 price objective on shares of Galapagos in a report on Sunday, October 29th. BidaskClub raised Galapagos from a “hold” rating to a “buy” rating in a report on Wednesday, January 31st. Zacks Investment Research upgraded shares of Galapagos from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, ValuEngine upgraded shares of Galapagos from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. Galapagos presently has an average rating of “Buy” and an average price target of $111.00.
Galapagos NV is a Belgium-based biotechnology company. The Company’s activities are divided into two operating divisions: Research and Development (R & D) and Services. The R & D division is engaged in the discovery and development of small molecules. The Services division, offers target-to-drug discovery products and services to pharmaceutical and biotechnology companies and to patient foundations, encompassing target discovery and validation, screening and drug discovery through to delivery of pre-clinical candidates.
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