The average one-year price target for Genfit (EPA:GNFT) has been revised to 8.02 per share, a decrease of 11.94% from the prior estimate of 9.11 on May 10, 2023. The price target is an average of many targets provided by analysts, with the latest targets ranging from a low of 5.05 to a high of 11.55 per share. This represents an increase of 107.07% from the latest reported closing price of 3.88 per share. For more information, see our leaderboard of companies with the largest price target upside.
There are currently 35 funds or institutions reporting positions in Genfit, which is a decrease of 2 owners or 5.41% in the last quarter. The average portfolio weight of all funds dedicated to GNFT is 0.03%, an increase of 2.73%. Total shares owned by institutions have increased in the last three months by 7.39% to 2,623K shares.
Among top shareholders of Genfit, Tang Capital Management holds 1,213K shares, representing 2.44% ownership of the company, with a 1.24% increase from its prior filing. The firm has decreased its portfolio allocation in GNFT by 2.99% over the last quarter. Adage Capital Partners Gp, L.l.c and DAFNA Capital Management hold 516K and 198K shares, representing 1.04% and 0.40% ownership of the company respectively. However, there has been no change in their holdings in the last quarter. Envestnet Asset Management holds 176K shares, which represents 0.35% ownership of Genfit. The firm has increased its portfolio allocation in GNFT by 84.88% but decreased it by 60.01% over the last quarter.
This story originally appeared on Fintel.
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