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Analysts Offer Insights on Healthcare Companies: Amgen (AMGN) and BeOne Medicines (ONC)

Tipranks - Thu Feb 5, 3:30AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Amgen (AMGNResearch Report) and BeOne Medicines (ONCResearch Report) with bullish sentiments.

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Amgen (AMGN)

In a report released today, Matt Phipps from William Blair maintained a Buy rating on Amgen. The company’s shares closed last Tuesday at $338.59, close to its 52-week high of $346.85.

According to TipRanks.com, Phipps is a 4-star analyst with an average return of 6.6% and a 49.0% success rate. Phipps covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Janux Therapeutics Inc, and Ionis Pharmaceuticals. ;'>

Currently, the analyst consensus on Amgen is a Moderate Buy with an average price target of $355.38, representing a 4.1% upside. In a report issued on January 22, DBS also maintained a Buy rating on the stock with a $400.00 price target.

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BeOne Medicines (ONC)

In a report released today, Etzer Darout from Barclays maintained a Buy rating on BeOne Medicines, with a price target of $394.00. The company’s shares closed last Tuesday at $346.38.

According to TipRanks.com, Darout is a 5-star analyst with an average return of 24.1% and a 55.1% success rate. Darout covers the Healthcare sector, focusing on stocks such as Protagonist Therapeutics, Monopar Therapeutics Inc, and Arvinas Holding Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BeOne Medicines with a $406.33 average price target, representing a 18.7% upside. In a report issued on January 29, RBC Capital also maintained a Buy rating on the stock with a $417.00 price target.

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