BMO Capital Markets Reiterates "Buy" Rating for Rigel Pharmaceuticals, Inc. (RIGL)

Stock analysts try to figure out the future activity of an instrument, sector or market.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. ValuEngine raised shares of Rigel Pharmaceuticals from a "strong sell" rating to a "sell" rating in a research note on Monday. The original version of this piece can be accessed at Finally, BidaskClub downgraded Rigel Pharmaceuticals from a sell rating to a strong sell rating in a report on Friday, July 28th. Analyst recommendations as stated on FINVIZ are rated on a 1 to 5 scale.

Rigel Pharmaceuticals, Inc. (RIGL) now has a Return on Assets (ROA) value of -82.2 Percent.

Shares of Rigel Pharmaceuticals (NASDAQ:RIGL) opened at 3.23 on Monday. Volume levels spiked and RIGL actually managed a breakout which translated to 6.62 million shares changing hands on the day. Rigel Pharmaceuticals has a 52 week low of $1.94 and a 52 week high of $4.11. At the time of writing, shares were trading -2.25% away from the 20-days simple moving average and -26.51% away from the 200-days simple moving average. Institutional shareholders now hold a 88.01% stake overall in RIGL.

The company's Average Revenue Estimate for the current quarter is $0, while Low and High Revenue Estimates are $0 and $0 respectively. The Return on Equity (ROE) and Return on Investment (ROI) values are -105.8 percent and -126.8 percent respectively. During the same period in the previous year, the business posted ($0.15) EPS.

Rigel Pharmaceuticals, Inc. (RIGL) stock price fell -18.43 percent over the past one year, while increased 2.54 percent during the past 6 months. If you are accessing this story on another site, it was stolen and reposted in violation of USA & global copyright legislation. BMO Capital Markets reissued an "outperform" rating and set a $5.00 target price (up previously from $4.00) on shares of Rigel Pharmaceuticals in a research note on Monday, June 19th. (NASDAQ:RIGL) have caught the attention of investors. Parametric Portfolio Associates LLC lifted its position in Rigel Pharmaceuticals by 11.3% in the 1st quarter. AXA acquired a new stake in Rigel Pharmaceuticals during the 2nd quarter worth $122,000. Rhumbline Advisers now owns 139,814 shares of the biotechnology company's stock worth $382,000 after buying an additional 7,910 shares in the last quarter. Marshall Wace North America L.P. boosted its stake in Rigel Pharmaceuticals by 0.5% in the second quarter.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Vanguard Group Inc. now owns 6,039,790 shares of the biotechnology company's stock worth $16,489,000 after buying an additional 348,755 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Rigel Pharmaceuticals by 31.1% in the first quarter. Palo Alto Investors LLC now owns 4,254,623 shares of the biotechnology company's stock worth $14,083,000 after buying an additional 78,000 shares in the last quarter.

According to Rigel, the company's outstanding share count will rise from 123.8 million at the end of June up to 137.5 million if the offering's underwriters purchase additional shares.

Like this


05 October 2017
SIU probing Hwy. 6 crash in Hamilton that killed 2
The SIU is called in to investigate any time police are involved in a death, serious injury or allegations of sexual assault. And Ontario's Special Investigations Unit is now investigating Waterloo Regional Police in relation to the collision.

05 October 2017
Women's prison escapees caught at Edmonton escape room
Canadian police captured two escaped prisoners, ironically enough, at an escape room in Edmonton on Tuesday, October 3. That's a whole different question. "Definitely not as challenging here as, I assume, escaping from jail would be".

05 October 2017
Constellation Brands tops Street 2Q forecasts
Constellation Brands , Inc. dipped to as low as $198.44 throughout the day and has returned 29.85% in this year. (NYSE:STZ). Snow Capital Mgmt Limited Partnership holds 2.9% or 215,182 shares. (NYSE:T) on Monday, April 18 with "Overweight" rating.

05 October 2017
Syria score late equalizer against Australia to keep Russian Federation 2018 dream alive
Kruse tapped home from close range, his first goal for the Socceroos since January 2015. Hence in today's match, it is predicted that Syria will win against Australia.

05 October 2017
Vanguard Group Inc. Acquires 290339 Shares of Marvell Technology Group Ltd. (MRVL)
Over a month, it has seen its stock price volatility to stay at 1.99% while shortening the period to a week, volatility was 1.98%. Considering that the stock daily volume of 10.24 million shares, this represents a pretty noteworthy trading in volume size.

05 October 2017
Wells Fargo to refund improperly assessed mortgage fees
Bamco Inc decreased Cohen & Steers Inc (NYSE:CNS) stake by 222,400 shares to 2.69 million valued at $109.01 million in 2017Q2. Integral Derivatives Limited Liability Corporation stated it has 38,842 shares or 0.04% of all its holdings. (NASDAQ:EGOV).

05 October 2017
'Noose' found in Michigan State dorm was actually lost shoelace
MI does enough offensively and relies on its stifling defense to pull away from the Spartans and improve to 5-0. Expect a close, classic Big Ten game, one that will be emotional and enjoyable to watch.

05 October 2017
Beware of Las Vegas donation scams
According to donation records on the GoFundMe page , the Oakland Raiders and the NFL Foundation each made a $50,000 donation. You can also donate money to the National Compassion Fund here, which will donate 100% of funds raised directly to victims.

05 October 2017
Trump calls Vegas shooter 'demented,' praises police for quick response
Bump stocks essentially turn standard civilian AR-15's and AK-47's into automatic weapons, though accuracy is diminished. Let's let these people that lost loved ones in Las Vegas have some time to mourn before you start ripping on gun laws.

05 October 2017
Trump's Remarks About Erasing Puerto Rico's Debt Jolt The Markets
Trump's briefing with local officials on the island was more reflective than prescriptive, and at times awkward. See what Meyers, Colbert, Jimmy Fallon , James Corden had to say about the president's red flag moments below.