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Analysts Offer Insights on Healthcare Companies: Prestige Consumer Healthcare (PBH) and Vericel (VCEL)

Tipranks - Thu Jan 15, 7:44AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Prestige Consumer Healthcare (PBHResearch Report) and Vericel (VCELResearch Report) with bullish sentiments.

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Prestige Consumer Healthcare (PBH)

In a report released today, Susan Anderson from Canaccord Genuity reiterated a Buy rating on Prestige Consumer Healthcare, with a price target of $88.00. The company’s shares closed last Tuesday at $64.70, close to its 52-week low of $62.35.

According to TipRanks.com, Anderson is a 5-star analyst with an average return of 18.2% and a 44.8% success rate. Anderson covers the NA sector, focusing on stocks such as Peloton Interactive, Olaplex Holdings, and Sally Beauty. ;'>

Prestige Consumer Healthcare has an analyst consensus of Strong Buy, with a price target consensus of $79.50, a 22.1% upside from current levels. In a report released yesterday, William Blair also maintained a Buy rating on the stock.

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Vericel (VCEL)

In a report released today, Richard Newitter from Truist Financial maintained a Buy rating on Vericel. The company’s shares closed last Tuesday at $37.05.

According to TipRanks.com, Newitter is a 5-star analyst with an average return of 12.3% and a 54.0% success rate. Newitter covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Treace Medical Concepts, and Zimmer Biomet Holdings. ;'>

Currently, the analyst consensus on Vericel is a Strong Buy with an average price target of $57.67, a 53.6% upside from current levels. In a report released yesterday, TD Cowen also reiterated a Buy rating on the stock with a $55.00 price target.

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