Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Healthcare Companies: Ascendis Pharma (ASND), BioMarin Pharmaceutical (BMRN) and Ionis Pharmaceuticals (IONS)

Tipranks - Wed Mar 18, 5:43AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Ascendis Pharma (ASNDResearch Report), BioMarin Pharmaceutical (BMRNResearch Report) and Ionis Pharmaceuticals (IONSResearch Report) with bullish sentiments.

Claim 70% Off TipRanks Premium

Ascendis Pharma (ASND)

In a report released yesterday, Tazeen Ahmad from Bank of America Securities maintained a Buy rating on Ascendis Pharma, with a price target of $262.00. The company’s shares closed last Monday at $231.03.

According to TipRanks.com, Ahmad is a 2-star analyst with an average return of 0.0% and a 50.7% success rate. Ahmad covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, KalVista Pharmaceuticals, and Apellis Pharmaceuticals. ;'>

Ascendis Pharma has an analyst consensus of Strong Buy, with a price target consensus of $293.23, a 29.7% upside from current levels. In a report issued on March 15, Jefferies also initiated coverage with a Buy rating on the stock with a $290.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

BioMarin Pharmaceutical (BMRN)

Bank of America Securities analyst Jason Gerberry maintained a Buy rating on BioMarin Pharmaceutical yesterday and set a price target of $85.00. The company’s shares closed last Monday at $57.43.

According to TipRanks.com, Gerberry is a 5-star analyst with an average return of 16.0% and a 61.1% success rate. Gerberry covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Mineralys Therapeutics, Inc., and Amylyx Pharmaceuticals Inc. ;'>

Currently, the analyst consensus on BioMarin Pharmaceutical is a Strong Buy with an average price target of $89.13, representing a 57.2% upside. In a report issued on March 2, Cantor Fitzgerald also maintained a Buy rating on the stock with a $85.00 price target.

Ionis Pharmaceuticals (IONS)

In a report issued on March 12, Yaron Werber from TD Cowen maintained a Buy rating on Ionis Pharmaceuticals, with a price target of $110.00. The company’s shares closed last Monday at $72.34.

According to TipRanks.com, Werber is a 5-star analyst with an average return of 23.3% and a 58.8% success rate. Werber covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Terns Pharmaceuticals, and Dianthus Therapeutics. ;'>

Currently, the analyst consensus on Ionis Pharmaceuticals is a Strong Buy with an average price target of $95.54, representing a 33.5% upside. In a report issued on February 25, William Blair also maintained a Buy rating on the stock.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.