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Horizon Therapeutics (HZNP) Receives a Buy from BMO Capital

BMO Capital analyst Gary Nachman maintained a Buy rating on Horizon Therapeutics (HZNPResearch Report) today and set a price target of $145.00. The company’s shares closed last Friday at $83.61, close to its 52-week low of $78.75.

According to TipRanks.com, Nachman ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.6% and a 42.2% success rate. Nachman covers the Healthcare sector, focusing on stocks such as Bausch Health Companies, Aquestive Therapeutics, and Ionis Pharmaceuticals.

Horizon Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $132.33, representing a 60.2% upside. In a report issued on July 5, UBS also maintained a Buy rating on the stock with a $137.00 price target.

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Horizon Therapeutics’ market cap is currently $19.16B and has a P/E ratio of 22.90.

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Horizon Therapeutics Plc is a biopharmaceutical company, which is engages in the research, development, and marketing of pharmaceutical products. It operates through the Orphan and Rheumatology, and Inflammation segments. The Orphan and Rheumatology segment consists of medicines KRYSTEXXA, RAVICTI, PROCYSBI, ACTIMMUNE, BUPHENYL, QUINSAIR, and RAYOS. The Inflammation segment comprises of medicines PENNSAID 2%, DUEXIS, and VIMOVO. The company was founded in 2008 and is headquartered in Dublin, Ireland.

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