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Analysts’ Top Healthcare Picks: AstraZeneca (AZN), Centessa Pharmaceuticals (CNTA)

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on AstraZeneca (AZNResearch Report) and Centessa Pharmaceuticals (CNTAResearch Report) with bullish sentiments.

AstraZeneca (AZN)

In a report released today, Etzer Darout from BMO Capital reiterated a Buy rating on AstraZeneca, with a price target of $80.00. The company’s shares closed last Tuesday at $68.41.

According to TipRanks.com, Darout is a 5-star analyst with an average return of 42.1% and a 55.6% success rate. Darout covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., Arvinas Holding Company, and Terns Pharmaceuticals.

Currently, the analyst consensus on AstraZeneca is a Strong Buy with an average price target of $80.56, a 18.1% upside from current levels. In a report issued on March 27, Bank of America Securities also maintained a Buy rating on the stock.

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

Centessa Pharmaceuticals (CNTA)

BMO Capital analyst Kostas Biliouris maintained a Buy rating on Centessa Pharmaceuticals yesterday and set a price target of $15.00. The company’s shares closed last Tuesday at $11.31, close to its 52-week high of $12.45.

According to TipRanks.com, Biliouris is a 3-star analyst with an average return of 3.5% and a 43.2% success rate. Biliouris covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, BioMarin Pharmaceutical, and Crispr Therapeutics AG.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Centessa Pharmaceuticals with a $13.33 average price target, representing a 23.4% upside. In a report issued on March 28, Leerink Partners also reiterated a Buy rating on the stock with a $14.00 price target.

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