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Analysts Offer Insights on Healthcare Companies: Amgen (AMGN), GlaxoSmithKline (GSK) and AbbVie (ABBV)

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Amgen (AMGNResearch Report), GlaxoSmithKline (GSKResearch Report) and AbbVie (ABBVResearch Report).

Amgen (AMGN)

BMO Capital analyst Evan Seigerman assigned a Hold rating to Amgen yesterday and set a price target of $253.00. The company’s shares closed last Tuesday at $252.40.

According to TipRanks.com, Seigerman is a 4-star analyst with an average return of 6.5% and a 51.5% success rate. Seigerman covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Mirati Therapeutics, and Replimune Group.

Currently, the analyst consensus on Amgen is a Hold with an average price target of $264.93, representing a 4.4% upside. In a report issued on January 30, UBS also maintained a Hold rating on the stock with a $260.00 price target.

See the top stocks recommended by analysts >>

GlaxoSmithKline (GSK)

In a report released today, Graham Parry from Bank of America Securities maintained a Sell rating on GlaxoSmithKline, with a price target of p1495.00. The company’s shares closed last Tuesday at $35.26.

Parry has an average return of 1.9% when recommending GlaxoSmithKline.

According to TipRanks.com, Parry is ranked #3524 out of 8305 analysts.

Currently, the analyst consensus on GlaxoSmithKline is a Moderate Sell with an average price target of $20.27.

AbbVie (ABBV)

BMO Capital analyst Gary Nachman maintained a Buy rating on AbbVie yesterday and set a price target of $169.00. The company’s shares closed last Tuesday at $147.75.

According to TipRanks.com, Nachman has 0 stars on 0-5 stars ranking scale with an average return of -5.8% and a 44.4% success rate. Nachman covers the Healthcare sector, focusing on stocks such as Bausch Health Companies, Phathom Pharmaceuticals, and Aquestive Therapeutics.

AbbVie has an analyst consensus of Moderate Buy, with a price target consensus of $163.15, which is a 12.0% upside from current levels. In a report issued on January 17, Piper Sandler also maintained a Buy rating on the stock with a $157.00 price target.

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