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Cerevel Therapeutics Holdings (CERE) Receives a Hold from Goldman Sachs

In a report released today, Madhu Kumar from Goldman Sachs maintained a Hold rating on Cerevel Therapeutics Holdings (CEREResearch Report), with a price target of $20.00. The company’s shares closed last Monday at $25.21.

According to TipRanks.com, Kumar is a 5-star analyst with an average return of 17.3% and a 48.1% success rate. Kumar covers the Healthcare sector, focusing on stocks such as Arrowhead Pharmaceuticals, Iovance Biotherapeutics, and Arvinas Holding Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cerevel Therapeutics Holdings with a $42.60 average price target.

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Cerevel Therapeutics Holdings’ market cap is currently $3.74B and has a P/E ratio of -14.73.

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