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Analysts Offer Insights on Healthcare Companies: Medpace Holdings (MEDP) and Legend Biotech (LEGN)

Tipranks - Thu Apr 16, 4:07AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Medpace Holdings (MEDP) and Legend Biotech (LEGN).

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Medpace Holdings (MEDP)

Barclays analyst Luke Sergott maintained a Hold rating on Medpace Holdings today and set a price target of $500.00. The company’s shares closed last Tuesday at $520.00.

According to TipRanks.com, Sergott is ranked 0 out of 5 stars with an average return of -3.6% and a 36.4% success rate. Sergott covers the Healthcare sector, focusing on stocks such as West Pharmaceutical Services, Fortrea Holdings Inc., and Pacific Biosciences. ;'>

Medpace Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $518.25, implying a 3.4% upside from current levels. In a report issued on April 3, TipRanks – xAI also downgraded the stock to Hold with a $526.00 price target.

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Legend Biotech (LEGN)

In a report released today, Etzer Darout from Barclays maintained a Buy rating on Legend Biotech, with a price target of $80.00. The company’s shares closed last Tuesday at $18.69.

According to TipRanks.com, Darout is a 5-star analyst with an average return of 27.2% and a 55.7% success rate. Darout covers the Healthcare sector, focusing on stocks such as Monopar Therapeutics Inc, Protagonist Therapeutics, and Iovance Biotherapeutics. ;'>

Legend Biotech has an analyst consensus of Strong Buy, with a price target consensus of $54.71, implying a 206.5% upside from current levels. In a report issued on April 7, RBC Capital also maintained a Buy rating on the stock with a $62.00 price target.

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