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Credit Suisse Maintains Their Buy Rating on Johnson & Johnson


In a report released yesterday, Vamil Divan from Credit Suisse maintained a Buy rating on Johnson & Johnson (NYSE: JNJ), with a price target of $151. The company’s shares closed yesterday at $125.93.

According to TipRanks.com, Divan is a 1-star analyst with an average return of -1.3% and a 47.0% success rate. Divan covers the Healthcare sector, focusing on stocks such as Aimmune Therapeutics, Eli Lilly & Co, and Bristol Myers.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Johnson & Johnson with a $142.60 average price target, representing a 13.2% upside. In a report issued on July 10, BMO Capital also reiterated a Buy rating on the stock with a $150 price target.

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The company has a one-year high of $148.32 and a one-year low of $118.62. Currently, Johnson & Johnson has an average volume of 6.49M.

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