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Analysts’ Top Healthcare Picks: BioMarin Pharmaceutical (BMRN), Universal Health (UHS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on BioMarin Pharmaceutical (BMRNResearch Report), Universal Health (UHSResearch Report) and Biogen (BIIBResearch Report) with bullish sentiments.

BioMarin Pharmaceutical (BMRN)

Wells Fargo analyst Mohit Bansal maintained a Buy rating on BioMarin Pharmaceutical yesterday and set a price target of $110.00. The company’s shares closed last Wednesday at $91.20.

According to TipRanks.com, Bansal is a 4-star analyst with an average return of 6.5% and a 55.1% success rate. Bansal covers the Healthcare sector, focusing on stocks such as Cerevel Therapeutics Holdings, Mineralys Therapeutics, Inc., and Vertex Pharmaceuticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BioMarin Pharmaceutical with a $111.81 average price target, implying a 20.6% upside from current levels. In a report issued on April 15, Truist Financial also initiated coverage with a Buy rating on the stock with a $140.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Universal Health (UHS)

In a report released yesterday, Steve Baxter from Wells Fargo maintained a Buy rating on Universal Health, with a price target of $200.00. The company’s shares closed last Wednesday at $165.90.

According to TipRanks.com, Baxter is a 3-star analyst with an average return of 2.0% and a 47.9% success rate. Baxter covers the Healthcare sector, focusing on stocks such as Molina Healthcare, Tenet Healthcare, and Community Health.

Universal Health has an analyst consensus of Moderate Buy, with a price target consensus of $187.64, a 14.3% upside from current levels. In a report issued on April 12, Deutsche Bank also maintained a Buy rating on the stock with a $203.00 price target.

Biogen (BIIB)

Scotiabank analyst George Farmer maintained a Buy rating on Biogen today and set a price target of $275.00. The company’s shares closed last Wednesday at $201.99, close to its 52-week low of $189.44.

According to TipRanks.com, Farmer is a 4-star analyst with an average return of 15.8% and a 52.6% success rate. Farmer covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, BioMarin Pharmaceutical, and Syndax Pharmaceuticals.

Biogen has an analyst consensus of Moderate Buy, with a price target consensus of $285.09, representing a 43.3% upside. In a report issued on April 22, Piper Sandler also maintained a Buy rating on the stock with a $325.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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