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Analysts Have Conflicting Sentiments on These Healthcare Companies: Legend Biotech (LEGN), ACADIA Pharmaceuticals (ACAD) and CytomX Therapeutics (CTMX)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Legend Biotech (LEGNResearch Report), ACADIA Pharmaceuticals (ACADResearch Report) and CytomX Therapeutics (CTMXResearch Report).

Legend Biotech (LEGN)

In a report released yesterday, Gena Wang from Barclays maintained a Buy rating on Legend Biotech, with a price target of $94.00. The company’s shares closed last Monday at $65.19.

According to TipRanks.com, Wang is a 5-star analyst with an average return of 10.4% and a 46.9% success rate. Wang covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Legend Biotech with a $86.88 average price target, representing a 35.9% upside. In a report issued on February 26, H.C. Wainwright also reiterated a Buy rating on the stock with a $87.00 price target.

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

ACADIA Pharmaceuticals (ACAD)

ACADIA Pharmaceuticals received a Hold rating and a $25.00 price target from Mizuho Securities analyst Uy Ear yesterday. The company’s shares closed last Monday at $24.13.

According to TipRanks.com, Ear is a 4-star analyst with an average return of 10.6% and a 41.3% success rate. Ear covers the Healthcare sector, focusing on stocks such as Arcutis Biotherapeutics, Sarepta Therapeutics, and Relmada Therapeutics.

Currently, the analyst consensus on ACADIA Pharmaceuticals is a Moderate Buy with an average price target of $33.71, implying a 44.7% upside from current levels. In a report issued on February 28, Stifel Nicolaus also maintained a Hold rating on the stock with a $26.00 price target.

CytomX Therapeutics (CTMX)

CytomX Therapeutics received a Buy rating and a $3.50 price target from Barclays analyst Peter Lawson yesterday. The company’s shares closed last Monday at $2.51.

According to TipRanks.com, Lawson is a 5-star analyst with an average return of 10.8% and a 48.0% success rate. Lawson covers the Healthcare sector, focusing on stocks such as Deciphera Pharmaceuticals, Springworks Therapeutics, and Adaptimmune Therapeutics.

CytomX Therapeutics has an analyst consensus of Moderate Buy, with a price target consensus of $2.75.

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