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Analysts Are Bullish on These Healthcare Stocks: POINT Biopharma Global (PNT), NewAmsterdam Pharma Company (NAMS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on POINT Biopharma Global (PNTResearch Report) and NewAmsterdam Pharma Company (NAMSResearch Report) with bullish sentiments.

POINT Biopharma Global (PNT)

In a report issued on May 15, Faisal Khurshid from SVB Securities reiterated a Buy rating on POINT Biopharma Global, with a price target of $14.00. The company’s shares closed last Tuesday at $10.77, close to its 52-week high of $11.13.

Khurshid has an average return of 47.8% when recommending POINT Biopharma Global.

According to TipRanks.com, Khurshid is ranked #1320 out of 8379 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for POINT Biopharma Global with a $14.80 average price target, implying a 42.0% upside from current levels. In a report released yesterday, Berenberg Bank also maintained a Buy rating on the stock with a $16.00 price target.

See the top stocks recommended by analysts >>

NewAmsterdam Pharma Company (NAMS)

In a report issued on May 15, Roanna Ruiz from SVB Securities reiterated a Buy rating on NewAmsterdam Pharma Company, with a price target of $21.00. The company’s shares closed last Tuesday at $12.95.

According to TipRanks.com, Ruiz is a 1-star analyst with an average return of -5.6% and a 46.2% success rate. Ruiz covers the Healthcare sector, focusing on stocks such as Enanta Pharmaceuticals, Xeris Pharmaceuticals, and Atea Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NewAmsterdam Pharma Company with a $21.50 average price target.

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