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Analysts’ Opinions Are Mixed on These Healthcare Stocks: Oncolytics Biotech (ONCY), Aveanna Healthcare Holdings (AVAH) and Sanofi (OtherSNYNF)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Oncolytics Biotech (ONCYResearch Report), Aveanna Healthcare Holdings (AVAHResearch Report) and Sanofi (SNYNFResearch Report).

Oncolytics Biotech (ONCY)

RBC Capital analyst Douglas Miehm assigned a Buy rating to Oncolytics Biotech yesterday and set a price target of C$6.00. The company’s shares closed last Friday at $1.17, close to its 52-week low of $0.88.

According to TipRanks.com, Miehm is a 1-star analyst with an average return of -1.9% and a 40.6% success rate. Miehm covers the Healthcare sector, focusing on stocks such as Bausch + Lomb Corporation, Aurinia Pharmaceuticals, and Bausch Health Companies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Oncolytics Biotech with a $4.63 average price target, representing a 273.4% upside. In a report issued on May 10, Maxim Group also maintained a Buy rating on the stock with a $5.00 price target.

See the top stocks recommended by analysts >>

Aveanna Healthcare Holdings (AVAH)

In a report released yesterday, Ben Hendrix from RBC Capital maintained a Hold rating on Aveanna Healthcare Holdings, with a price target of $3.00. The company’s shares closed last Friday at $2.50.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 5.1% and a 57.3% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Brookdale Senior Living, and Acadia Healthcare.

Aveanna Healthcare Holdings has an analyst consensus of Hold, with a price target consensus of $2.53, which is a 3.3% upside from current levels. In a report issued on May 10, Truist Financial also maintained a Hold rating on the stock.

Sanofi (SNYNF)

In a report released today, Luisa Hector from Berenberg Bank maintained a Buy rating on Sanofi, with a price target of EUR105.00. The company’s shares closed last Friday at $102.52.

According to TipRanks.com, Hector is a 4-star analyst with an average return of 9.9% and a 75.3% success rate. Hector covers the Healthcare sector, focusing on stocks such as Roche Holding AG, Merck & Company, and AstraZeneca.

Currently, the analyst consensus on Sanofi is a Moderate Buy with an average price target of $113.43, representing a 12.4% upside. In a report issued on May 6, UBS also maintained a Buy rating on the stock with a EUR110.00 price target.

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