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Analysts’ Top Healthcare Picks: Mayne Pharma Group Limited (MAYNF), Mesoblast Limited (MEOBF)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Mayne Pharma Group Limited (MAYNFResearch Report) and Mesoblast Limited (MEOBFResearch Report) with bullish sentiments.

Mayne Pharma Group Limited (MAYNF)

In a report issued on August 16, Martyn Jacobs from Canaccord Genuity maintained a Buy rating on Mayne Pharma Group Limited, with a price target of A$0.51. The company’s shares closed last Wednesday at $0.25.

According to TipRanks.com, Jacobs is a 1-star analyst with an average return of -6.8% and a 44.4% success rate. Jacobs covers the Healthcare sector, focusing on stocks such as Nanosonics Limited, Impedimed Limited, and Next Science Ltd.

Currently, the analyst consensus on Mayne Pharma Group Limited is a Moderate Buy with an average price target of $0.30, implying a 9.6% upside from current levels. In a report issued on August 8, Wilsons also maintained a Buy rating on the stock with a A$0.32 price target.

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

Mesoblast Limited (MEOBF)

Bell Potter analyst John Hester maintained a Buy rating on Mesoblast Limited on August 16 and set a price target of A$1.70. The company’s shares closed last Thursday at $0.64.

According to TipRanks.com, Hester is a 4-star analyst with an average return of 22.3% and a 75.0% success rate. Hester covers the Healthcare sector, focusing on stocks such as Paradigm Biopharmaceuticals Ltd., Telix Pharmaceuticals Ltd., and Pro Medicus Limited.

Currently, the analyst consensus on Mesoblast Limited is a Moderate Buy with an average price target of $1.18.

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