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BioNTech SE (BNTX) Receives a Buy from Berenberg Bank

In a report released today, Zhiqiang Shu from Berenberg Bank maintained a Buy rating on BioNTech SE (BNTXResearch Report), with a price target of $350.00. The company’s shares closed last Friday at $134.04, close to its 52-week low of $117.08.

According to TipRanks.com, Shu is ranked 0 out of 5 stars with an average return of -25.9% and a 21.9% success rate. Shu covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Monte Rosa Therapeutics, and Sensei Biotherapeutics.

Currently, the analyst consensus on BioNTech SE is a Moderate Buy with an average price target of $236.40, representing a 77.7% upside. In a report issued on June 21, H.C. Wainwright also reiterated a Buy rating on the stock with a $298.00 price target.

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The company has a one-year high of $464.00 and a one-year low of $117.08. Currently, BioNTech SE has an average volume of 1.35M.

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

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