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Analysts Have Conflicting Sentiments on These Healthcare Companies: Resmed (RMD) and Scholar Rock Holding (SRRK)

Tipranks - Tue Mar 17, 6:14AM CDT

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Resmed (RMDResearch Report) and Scholar Rock Holding (SRRKResearch Report).

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Resmed (RMD)

In a report released today, Jonathan Block from Stifel Nicolaus maintained a Hold rating on Resmed, with a price target of $265.00. The company’s shares closed last Friday at $230.84.

According to TipRanks.com, Block is a 4-star analyst with an average return of 4.6% and a 47.5% success rate. Block covers the Healthcare sector, focusing on stocks such as Inspire Medical Systems, Elanco Animal Health, and Tandem Diabetes Care. ;'>

Currently, the analyst consensus on Resmed is a Moderate Buy with an average price target of $296.20.

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Scholar Rock Holding (SRRK)

In a report released today, Tessa Romero from J.P. Morgan maintained a Buy rating on Scholar Rock Holding, with a price target of $50.00. The company’s shares closed last Friday at $40.01.

According to TipRanks.com, Romero is a 4-star analyst with an average return of 12.9% and a 46.7% success rate. Romero covers the Healthcare sector, focusing on stocks such as Neumora Therapeutics, Inc., EyePoint Pharmaceuticals, and ACADIA Pharmaceuticals. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Scholar Rock Holding with a $56.00 average price target, a 32.9% upside from current levels. In a report issued on March 5, TipRanks – Google also upgraded the stock to Buy with a $53.00 price target.

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