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Analysts Offer Insights on Healthcare Companies: Agenus (AGEN) and Balchem (BCPC)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Agenus (AGENResearch Report) and Balchem (BCPCResearch Report) with bullish sentiments.

Agenus (AGEN)

In a report released today, Emily Bodnar from H.C. Wainwright maintained a Buy rating on Agenus, with a price target of $8.00. The company’s shares closed last Friday at $1.60, close to its 52-week low of $1.25.

According to TipRanks.com, Bodnar ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -13.1% and a 33.0% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Gracell Biotechnologies, and Olema Pharmaceuticals.

Agenus has an analyst consensus of Strong Buy, with a price target consensus of $8.10, which is a 406.3% upside from current levels. In a report issued on May 25, EF Hutton also initiated coverage with a Buy rating on the stock with a $8.30 price target.

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

Balchem (BCPC)

In a report released today, Ram Selvaraju from H.C. Wainwright reiterated a Buy rating on Balchem, with a price target of $150.00. The company’s shares closed last Friday at $132.82.

According to TipRanks.com, Selvaraju ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.9% and a 29.2% success rate. Selvaraju covers the Healthcare sector, focusing on stocks such as Reviva Pharmaceuticals Holdings, MoonLake Immunotherapeutics, and Entrada Therapeutics Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Balchem with a $150.00 average price target.

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