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Analysts Offer Insights on Healthcare Companies: Johnson & Johnson (JNJ) and Vertex Pharmaceuticals (VRTX)

Tipranks - Thu Apr 16, 8:54AM CDT

Analysts fell to the sidelines weighing in on Johnson & Johnson (JNJ) and Vertex Pharmaceuticals (VRTX) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Johnson & Johnson (JNJ)

Bank of America Securities analyst Jason Gerberry maintained a Hold rating on Johnson & Johnson today and set a price target of $254.00. The company’s shares closed last Wednesday at $237.98.

According to TipRanks.com, Gerberry is a 5-star analyst with an average return of 18.4% 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. ;'>

Johnson & Johnson has an analyst consensus of Moderate Buy, with a price target consensus of $262.33, which is a 9.3% upside from current levels. In a report issued on April 2, J.P. Morgan also maintained a Hold rating on the stock with a $250.00 price target.

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Vertex Pharmaceuticals (VRTX)

In a report released yesterday, Whitney Ijem from Canaccord Genuity maintained a Hold rating on Vertex Pharmaceuticals, with a price target of $441.00. The company’s shares closed last Wednesday at $445.93.

According to TipRanks.com, Ijem is a 5-star analyst with an average return of 22.8% and a 48.2% success rate. Ijem covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Rhythm Pharmaceuticals. ;'>

Currently, the analyst consensus on Vertex Pharmaceuticals is a Strong Buy with an average price target of $559.61, representing a 26.0% upside. In a report issued on March 31, TipRanks – Anthropic also downgraded the stock to Hold with a $472.00 price target.

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