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Analysts Offer Insights on Healthcare Companies: Relay Therapeutics (RLAY), Cigna (CI) and Sotera Health (SHC)

Tipranks - Tue May 5, 6:52AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Relay Therapeutics (RLAY), Cigna (CI) and Sotera Health (SHC) with bullish sentiments.

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Relay Therapeutics (RLAY)

In a report released today, Salveen Richter from Goldman Sachs maintained a Buy rating on Relay Therapeutics, with a price target of $22.00. The company’s shares closed last Friday at $12.72.

According to TipRanks.com, Richter is a 4-star analyst with an average return of 10.3% and a 44.6% success rate. Richter covers the Healthcare sector, focusing on stocks such as Rapport Therapeutics, Inc., Ultragenyx Pharmaceutical, and 4D Molecular Therapeutics. ;'>

Relay Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $20.78, implying a 62.3% upside from current levels. In a report issued on April 27, Bank of America Securities also maintained a Buy rating on the stock with a $21.00 price target.

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Cigna (CI)

In a report released yesterday, Scott Fidel from Goldman Sachs reiterated a Buy rating on Cigna, with a price target of $340.00. The company’s shares closed last Friday at $282.90.

According to TipRanks.com, Fidel is a 4-star analyst with an average return of 8.3% and a 64.4% success rate. Fidel covers the Healthcare sector, focusing on stocks such as Alignment Healthcare, Molina Healthcare, and Universal Health. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cigna with a $340.87 average price target, implying a 17.9% upside from current levels. In a report issued on April 20, Jefferies also maintained a Buy rating on the stock with a $330.00 price target.

Sotera Health (SHC)

In a report released today, Jason Bednar from Piper Sandler maintained a Buy rating on Sotera Health, with a price target of $24.00. The company’s shares closed last Friday at $15.50.

According to TipRanks.com, Bednar has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.8% and a 36.8% success rate. Bednar covers the Healthcare sector, focusing on stocks such as GE Healthcare Technologies Inc, Merit Medical Systems, and Solventum Corporation. ;'>

Currently, the analyst consensus on Sotera Health is a Strong Buy with an average price target of $21.80.

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