$argenx SE (ARGX.US)$ Last quarter, the company recorded a net profit of 91.4 million euros, compared to a net loss of 72.6 million euros in the same period last year. After nine months there is a net profit of 58.9 million euros against a net loss of 195.9 million euros.
The difference between the operational results and the net result is mainly made up of the financial results and the taxes on the result. At the end of September, Argenx still had almost 3.4 billion euros in its accounts, which generated quite a bit of interest
Argenx was listed on the Brussels stock exchange in 2014 at 8.50 euros per share, the lower end of the proposed range of 8.50 euros to 10.25 euros. Yesterday the title closed at 551.60 euros. Since New Year alone, his value has increased by 60 percent.
Since 2017, it has had a second listing on the Nasdaq stock exchange in the US to also easily attract American investors.
The stock exchange Jefferies has already increased its price target for the American version of this share from 648 dollars (597 euros) to 689 dollars (635 euros). At Stifel it went from 573 dollars (528 euros) to 604 dollars (557 euros).
Argenx has a very widespread shareholding. Investment funds in particular are represented there. The Baillie Gifford fund is the largest shareholder with 4.9% of the shares
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