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Analysts Offer Insights on Healthcare Companies: Gilead Sciences (GILD), Globus Medical (GMED) and Merck & Company (MRK)

Analysts fell to the sidelines weighing in on Gilead Sciences (GILDResearch Report), Globus Medical (GMEDResearch Report) and Merck & Company (MRKResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Gilead Sciences (GILD)

In a report released today, Joseph Stringer from Needham maintained a Hold rating on Gilead Sciences. The company’s shares closed last Thursday at $65.27, close to its 52-week low of $65.09.

According to TipRanks.com, Stringer is a 2-star analyst with an average return of -0.1% and a 37.2% success rate. Stringer covers the Healthcare sector, focusing on stocks such as Phathom Pharmaceuticals, Apellis Pharmaceuticals, and Lexicon Pharmaceuticals.

Gilead Sciences has an analyst consensus of Moderate Buy, with a price target consensus of $84.65, representing a 25.5% upside. In a report issued on April 15, Truist Financial also initiated coverage with a Hold rating on the stock with a $82.00 price target.

See today’s best-performing stocks on TipRanks >>

Globus Medical (GMED)

In a report released today, Vik Chopra from Wells Fargo maintained a Hold rating on Globus Medical, with a price target of $58.00. The company’s shares closed last Thursday at $50.37.

According to TipRanks.com, Chopra is a 1-star analyst with an average return of -3.4% and a 34.8% success rate. Chopra covers the Healthcare sector, focusing on stocks such as Integra Lifesciences, Alphatec Holdings, and NeuroPace.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globus Medical with a $64.89 average price target.

Merck & Company (MRK)

In a report released today, Mohit Bansal from Wells Fargo maintained a Hold rating on Merck & Company, with a price target of $140.00. The company’s shares closed last Thursday at $130.72, close to its 52-week high of $133.10.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 6.5% and a 55.1% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Mineralys Therapeutics, Inc., and BioMarin Pharmaceutical.

Merck & Company has an analyst consensus of Strong Buy, with a price target consensus of $136.61.

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