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Analysts Have Conflicting Sentiments on These Healthcare Companies: Biogen (BIIB), Guardant Health (GH) and PTC Therapeutics (PTCT)

Tipranks - Sat Feb 21, 6:12AM CST

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Biogen (BIIBResearch Report), Guardant Health (GHResearch Report) and PTC Therapeutics (PTCTResearch Report).

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Biogen (BIIB)

Morgan Stanley analyst Terence Flynn maintained a Hold rating on Biogen today and set a price target of $190.00. The company’s shares closed last Thursday at $192.08.

According to TipRanks.com, Flynn is a 5-star analyst with an average return of 12.0% and a 60.8% success rate. Flynn covers the Healthcare sector, focusing on stocks such as Structure Therapeutics, Inc. Sponsored ADR, Vertex Pharmaceuticals, and Crispr Therapeutics AG. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Biogen with a $205.30 average price target, representing a 6.1% upside. In a report released yesterday, Barclays also initiated coverage with a Hold rating on the stock with a $185.00 price target.

See today’s best-performing stocks on TipRanks >>

Guardant Health (GH)

Wells Fargo analyst Brandon Couillard maintained a Buy rating on Guardant Health today and set a price target of $125.00. The company’s shares closed last Thursday at $106.38.

According to TipRanks.com, Couillard is a 5-star analyst with an average return of 16.4% and a 60.3% success rate. Couillard covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, BillionToOne, Inc. Class A, and Bio-Rad Laboratories. ;'>

Currently, the analyst consensus on Guardant Health is a Strong Buy with an average price target of $131.18, which is a 23.0% upside from current levels. In a report issued on February 17, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $120.00 price target.

PTC Therapeutics (PTCT)

In a report released yesterday, Geoff Meacham from Citi maintained a Hold rating on PTC Therapeutics, with a price target of $75.00. The company’s shares closed last Thursday at $69.90.

According to TipRanks.com, Meacham is a 5-star analyst with an average return of 8.6% and a 58.3% success rate. Meacham covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Amylyx Pharmaceuticals Inc, and Protagonist Therapeutics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PTC Therapeutics with a $89.33 average price target, a 30.3% upside from current levels. In a report issued on February 12, TD Cowen also maintained a Hold rating on the stock with a $75.00 price target.

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