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Analysts Offer Insights on Healthcare Companies: Cerevel Therapeutics Holdings (CERE), Genmab (GMAB) and BioMarin Pharmaceutical (BMRN)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on Cerevel Therapeutics Holdings (CEREResearch Report), Genmab (GMABResearch Report) and BioMarin Pharmaceutical (BMRNResearch Report).

Cerevel Therapeutics Holdings (CERE)

Mizuho Securities analyst Graig Suvannavejh maintained a Hold rating on Cerevel Therapeutics Holdings on November 1 and set a price target of $25.00. The company’s shares closed last Friday at $26.36.

According to TipRanks.com, Suvannavejh is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.1% and a 33.0% success rate. Suvannavejh covers the Healthcare sector, focusing on stocks such as Harmony Biosciences Holdings, Amylyx Pharmaceuticals Inc, and Intra-Cellular Therapies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cerevel Therapeutics Holdings with a $31.50 average price target, which is a 25.7% upside from current levels. In a report issued on November 1, Wells Fargo also maintained a Hold rating on the stock with a $30.00 price target.

See the top stocks recommended by analysts >>

Genmab (GMAB)

Leerink Partners analyst Jonathan Chang maintained a Hold rating on Genmab on November 2. The company’s shares closed last Friday at $29.09, close to its 52-week low of $27.74.

According to TipRanks.com, Chang has 0 stars on 0-5 stars ranking scale with an average return of -19.4% and a 21.5% success rate. Chang covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Karyopharm Therapeutics, and Revolution Medicines.

Currently, the analyst consensus on Genmab is a Moderate Buy with an average price target of $46.00.

BioMarin Pharmaceutical (BMRN)

Robert W. Baird analyst Joel Beatty maintained a Buy rating on BioMarin Pharmaceutical on November 1 and set a price target of $127.00. The company’s shares closed last Friday at $79.59, close to its 52-week low of $76.02.

According to TipRanks.com, Beatty is a 2-star analyst with an average return of -0.2% and a 40.4% success rate. Beatty covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, TRACON Pharmaceuticals, and Syndax Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BioMarin Pharmaceutical with a $110.29 average price target, a 37.6% upside from current levels. In a report issued on October 25, Piper Sandler also maintained a Buy rating on the stock with a $125.00 price target.

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