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Analysts Offer Insights on Healthcare Companies: Biogen (BIIB) and Grifols SA (GRFS)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Biogen (BIIBResearch Report) and Grifols SA (GRFSResearch Report) with bullish sentiments.

Biogen (BIIB)

RBC Capital analyst Brian Abrahams maintained a Buy rating on Biogen on June 14 and set a price target of $351.00. The company’s shares closed last Friday at $297.48.

According to TipRanks.com, Abrahams is a 5-star analyst with an average return of 11.0% and a 53.0% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Intra-Cellular Therapies, Karyopharm Therapeutics, and Enanta Pharmaceuticals.

Biogen has an analyst consensus of Moderate Buy, with a price target consensus of $336.26, an 11.9% upside from current levels. In a report issued on June 1, Mizuho Securities also maintained a Buy rating on the stock with a $340.00 price target.

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

Grifols SA (GRFS)

Kepler Capital analyst Pablo de Renteria maintained a Buy rating on Grifols SA on June 15 and set a price target of EUR17.50. The company’s shares closed last Friday at $9.08.

Renteria has an average return of 12.4% when recommending Grifols SA.

According to TipRanks.com, Renteria is ranked #7903 out of 8414 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Grifols SA with a $17.00 average price target.

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