Blurbs

BioNTech SE (BNTX) Gets a Hold Rating from Morgan Stanley

In a report released today, Matthew Harrison from Morgan Stanley maintained a Hold rating on BioNTech SE (BNTXResearch Report), with a price target of $194.00. The company’s shares closed last Friday at $160.42, close to its 52-week low of $117.08.

According to TipRanks.com, Harrison is a 5-star analyst with an average return of 7.4% and a 52.0% success rate. Harrison covers the Healthcare sector, focusing on stocks such as Centessa Pharmaceuticals, BioMarin Pharmaceutical, and Vertex Pharmaceuticals.

Currently, the analyst consensus on BioNTech SE is a Moderate Buy with an average price target of $224.18, which is a 44.1% upside from current levels. In a report issued on July 1, Deutsche Bank also maintained a Hold rating on the stock with a $180.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Based on BioNTech SE’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.37 billion and net profit of $3.7 billion. In comparison, last year the company earned revenue of $2.05 billion and had a net profit of $1.13 billion.

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.

BioNTech SE is a Germany-based biotechnology company that develops and manufactures immunotherapies for cancer, infectious diseases, allergies and autoimmune disorders.

Read More on BNTX:

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