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Analysts Offer Insights on Healthcare Companies: BioMarin Pharmaceutical (BMRN), PTC Therapeutics (PTCT) and Teladoc (TDOC)

Analysts have been eager to weigh in on the Healthcare sector with new ratings on BioMarin Pharmaceutical (BMRNResearch Report), PTC Therapeutics (PTCTResearch Report) and Teladoc (TDOCResearch Report).

BioMarin Pharmaceutical (BMRN)

In a report issued on April 24, Salveen Richter from Goldman Sachs maintained a Buy rating on BioMarin Pharmaceutical, with a price target of $138.00. The company’s shares closed last Thursday at $82.17.

According to TipRanks.com, Richter is a 5-star analyst with an average return of 15.7% and a 44.5% success rate. Richter covers the Healthcare sector, focusing on stocks such as 4D Molecular Therapeutics, Adaptive Biotechnologies, and Vertex Pharmaceuticals.

Currently, the analyst consensus on BioMarin Pharmaceutical is a Moderate Buy with an average price target of $111.48, representing a 29.2% upside. 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 today’s best-performing stocks on TipRanks >>

PTC Therapeutics (PTCT)

In a report released today, Gena Wang from Barclays maintained a Hold rating on PTC Therapeutics, with a price target of $25.00. The company’s shares closed last Thursday at $25.49.

According to TipRanks.com, Wang is a 4-star analyst with an average return of 8.4% and a 44.2% success rate. Wang covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, 4D Molecular Therapeutics, and BioMarin Pharmaceutical.

The word on The Street in general, suggests a Hold analyst consensus rating for PTC Therapeutics with a $29.11 average price target.

Teladoc (TDOC)

Barclays analyst Stephanie Davis maintained a Buy rating on Teladoc today and set a price target of $20.00. The company’s shares closed last Thursday at $13.33, close to its 52-week low of $12.86.

According to TipRanks.com, Davis is ranked 0 out of 5 stars with an average return of -6.8% and a 39.9% success rate. Davis covers the Healthcare sector, focusing on stocks such as Walgreens Boots Alliance, Lifestance Health Group, and Quest Diagnostics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Teladoc with a $19.94 average price target.

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