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Bank of America Securities Maintains Their Buy Rating on Roche Holding AG (RHHVF)

In a report released today, Sachin Jain from Bank of America Securities maintained a Buy rating on Roche Holding AG (RHHVFResearch Report), with a price target of CHF395.00. The company’s shares closed last Tuesday at $388.70.

Jain has an average return of 21.5% when recommending Roche Holding AG.

According to TipRanks.com, Jain is ranked #1937 out of 7928 analysts.

Roche Holding AG has an analyst consensus of Moderate Buy, with a price target consensus of $431.73, a 9.9% upside from current levels. In a report issued on March 17, Deutsche Bank also maintained a Buy rating on the stock with a CHF425.00 price target.

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Roche Holding AG’s market cap is currently $325.6B and has a P/E ratio of 21.67.

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Roche Holding AG operates as a research healthcare company. It operates through the following segments: Diagnostics and Pharmaceuticals. The Pharmaceutical segment refers to development of medicines in the field of oncology, immunology, ophthalmology, infectious diseases and neuroscience. The Diagnostic segment refers to diagnosis of diseases through an in vitro diagnostics process. The company was founded by Fritz Hoffmann-La Roche on October 1, 1896 and is headquartered in Basel, Switzerland.

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