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Analysts’ Opinions Are Mixed on These Healthcare Stocks: enGene Holdings (ENGN), Medtronic (MDT) and Roivant Sciences (ROIV)

Tipranks - Wed Jun 17, 6:04AM CDT

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on enGene Holdings (ENGN), Medtronic (MDT) and Roivant Sciences (ROIV).

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enGene Holdings (ENGN)

In a report released today, Michael Schmidt from Guggenheim maintained a Hold rating on enGene Holdings. The company’s shares closed last Monday at $1.77.

According to TipRanks.com, Schmidt is a 5-star analyst with an average return of 28.4% and a 53.3% success rate. Schmidt covers the Healthcare sector, focusing on stocks such as Zentalis Pharmaceuticals, ArriVent BioPharma, Inc., and Monte Rosa Therapeutics. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for enGene Holdings with a $5.64 average price target, implying a 222.3% upside from current levels. In a report issued on June 11, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $1.50 price target.

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Medtronic (MDT)

In a report released today, Matthew O’Brien from Piper Sandler maintained a Hold rating on Medtronic, with a price target of $85.00. The company’s shares closed last Monday at $80.38.

According to TipRanks.com, O’Brien is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.4% and a 35.5% success rate. O’Brien covers the Healthcare sector, focusing on stocks such as Kestra Medical Technologies Ltd., Shoulder Innovations, Inc., and Orchestra BioMed Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medtronic with a $97.52 average price target, which is a 21.5% upside from current levels. In a report issued on June 1, TipRanks – OpenAI also downgraded the stock to Hold with a $80.00 price target.

Roivant Sciences (ROIV)

Piper Sandler analyst Yasmeen Rahimi maintained a Buy rating on Roivant Sciences today and set a price target of $40.00. The company’s shares closed last Monday at $30.03.

According to TipRanks.com, Rahimi is a 5-star analyst with an average return of 27.4% and a 44.3% success rate. Rahimi covers the Healthcare sector, focusing on stocks such as First Tracks Biotherapeutics Inc, NewAmsterdam Pharma Company, and Praxis Precision Medicines. ;'>

Roivant Sciences has an analyst consensus of Strong Buy, with a price target consensus of $36.53.

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