.png "Biogen (BIIB) Receives a Buy from Oppenheimer")
The company’s shares closed last Wednesday at $298.01.
According to TipRanks.com, Olson ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -10.7% and a 35.8% success rate. Olson covers the Healthcare sector, focusing on stocks such as Madrigal Pharmaceuticals, ACADIA Pharmaceuticals, and Enanta Pharmaceuticals.
Currently, the analyst consensus on Biogen is a Moderate Buy with an average price target of $344.13, representing a 13.7% upside. In a report issued on April 21, Canaccord Genuity also maintained a Buy rating on the stock with a $360.00 price target.
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The company has a one-year high of $374.99 and a one-year low of $215.78. Currently, Biogen has an average volume of 2.14M.
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Biogen, Inc. is a biopharmaceutical company, which engages in discovering, developing, and delivering therapies for neurological and neurodegenerative diseases. It offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA for the treatment of multiple sclerosis; SPINRAZA for the treatment of spinal muscular atrophy; and FUMADERM for the treatment of severe plaque psoriasis. The company was founded by Charles Weissmann, Heinz Schaller, Kenneth Murray, Walter Gilbert, and Phillip Allen Sharp in 1978 and is headquartered in Cambridge, MA.
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