Analysts Offer Insights on Healthcare Companies: Summit Therapeutics (SMMT), BioMarin Pharmaceutical (BMRN) and Thermo Fisher (TMO)
Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Summit Therapeutics (SMMT), BioMarin Pharmaceutical (BMRN) and Thermo Fisher (TMO).
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Summit Therapeutics (SMMT)
Jefferies analyst Faisal Khurshid maintained a Hold rating on Summit Therapeutics today and set a price target of $17.00. The company’s shares closed last Thursday at $17.76.
According to TipRanks.com, Khurshid is a top 100 analyst with an average return of
Summit Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $30.83, representing a 72.6% upside. In a report issued on May 8, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $18.00 price target.
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BioMarin Pharmaceutical (BMRN)
In a report released today, Akash Tewari from Jefferies maintained a Buy rating on BioMarin Pharmaceutical, with a price target of $104.00. The company’s shares closed last Thursday at $52.60.
According to TipRanks.com, Tewari is a 5-star analyst with an average return of
BioMarin Pharmaceutical has an analyst consensus of Moderate Buy, with a price target consensus of $87.53, which is a 67.6% upside from current levels. In a report issued on May 15, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $75.00 price target.
Thermo Fisher (TMO)
In a report released today, Daniel Arias from Stifel Nicolaus maintained a Buy rating on Thermo Fisher, with a price target of $600.00. The company’s shares closed last Thursday at $446.94.
According to TipRanks.com, Arias is a 2-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Thermo Fisher with a $608.93 average price target, representing a 35.0% upside. In a report issued on May 8, Wells Fargo also maintained a Buy rating on the stock with a $615.00 price target.
Read More on SMMT:
Disclaimer & DisclosureReport an Issue
- 3 Best Stocks to Buy This Week, According to Analysts – May 18-May 22
- Unusually active option classes on open May 6th
- Tyler Van Buren Reiterates Buy on Summit Therapeutics, Citing Stable Long-Term Sales Outlook and Attractive Risk/Reward Despite Higher Future OpEx
- Summit Therapeutics price target lowered to $23 from $30 at H.C. Wainwright
- Summit Therapeutics Flags Significant Going-Concern Risk Amid Cash Shortfall and Uncertain Financing
