Blurbs

BeiGene (BGNE) Receives a Hold from SVB Securities

In a report issued on July 6, Andrew Berens from SVB Securities maintained a Hold rating on BeiGene (BGNEResearch Report). The company’s shares closed last Thursday at $191.41.

According to TipRanks.com, Berens is a 1-star analyst with an average return of -3.3% and a 47.6% success rate. Berens covers the Healthcare sector, focusing on stocks such as Forma Therapeutics Holdings, Turning Point Therapeutics, and Deciphera Pharmaceuticals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for BeiGene with a $282.84 average price target.

See the top stocks recommended by analysts >>

BeiGene’s market cap is currently $22.05B and has a P/E ratio of -9.01.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BGNE in relation to earlier this year.

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.

BeiGene, Ltd.is a biopharmaceutical company. The company primarily focuses on developing molecularly targeted and immuno-oncology drugs for the treatment of cancer.

Read More on BGNE:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos