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Deutsche Bank Keeps Their Buy Rating on BioNTech SE (BNTX)

Tipranks - Tipranks - Wed Mar 11, 9:06AM CDT

Deutsche Bank analyst Emmanuel Papadakis maintained a Buy rating on BioNTech SE today and set a price target of $140.00.

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Papadakis covers the Healthcare sector, focusing on stocks such as AstraZeneca, GlaxoSmithKline, and Novo Nordisk. According to TipRanks, Papadakis has an average return of 3.6% and a 52.01% success rate on recommended stocks.

BioNTech SE has an analyst consensus of Strong Buy, with a price target consensus of $138.25.

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Based on BioNTech SE’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.52 billion and a GAAP net loss of $28.7 million. In comparison, last year the company earned a revenue of $1.24 billion and had a net profit of $198.1 million

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BNTX in relation to earlier this year.

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