Wall Street Analysts Are Bullish on Top Healthcare Picks
There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on CSPC Pharmaceutical Group (CHJTF – Research Report), Wuxi Biologics (Cayman) (WXIBF – Research Report) and Ocular Therapeutix (OCUL – Research Report) with bullish sentiments.
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CSPC Pharmaceutical Group (CHJTF)
In a report issued on November 20, Jialin Zhang from Nomura maintained a Buy rating on CSPC Pharmaceutical Group, with a price target of HK$9.11. The company’s shares closed last Wednesday at $0.95, close to its 52-week high of $0.96.
Zhang has an average return of
According to TipRanks.com, Zhang is ranked #741 out of 10113 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSPC Pharmaceutical Group with a $1.43 average price target, a 50.3% upside from current levels. In a report issued on November 20, Citi also maintained a Buy rating on the stock with a HK$12.10 price target.
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Wuxi Biologics (Cayman) (WXIBF)
Morgan Stanley analyst Laurence Tam maintained a Buy rating on Wuxi Biologics (Cayman) on November 20 and set a price target of HK$35.00. The company’s shares closed last Monday at $4.04.
According to TipRanks.com, Tam is ranked #8104 out of 10113 analysts.
Currently, the analyst consensus on Wuxi Biologics (Cayman) is a Strong Buy with an average price target of $5.33.
Ocular Therapeutix (OCUL)
William Blair analyst Lachlan Hanbury Brown maintained a Buy rating on Ocular Therapeutix yesterday. The company’s shares closed last Monday at $12.10.
According to TipRanks.com, Brown is a 4-star analyst with an average return of
Currently, the analyst consensus on Ocular Therapeutix is a Strong Buy with an average price target of $22.70.
Read More on CHJTF:
Disclaimer & DisclosureReport an Issue
- CSPC Pharmaceutical’s siRNA Drug Gains U.S. Clinical Trial Approval
- CSPC Pharmaceutical Group Appoints New Executive Director
- CSPC Pharmaceutical Group Announces Board Composition
- CSPC Pharmaceutical’s New Antidepressant Drug Receives Clinical Trial Approval in China
- CSPC Pharmaceutical Group’s Strategic Growth and Financial Outlook Reinforce Buy Rating
