After Piper Sandler and William Blair gave Biohaven Pharmaceutical Holding Co (NYSE: BHVN) a Buy rating last month, the company received another Buy, this time from Mizuho Securities. Analyst Vamil Divan maintained a Buy rating on Biohaven Pharmaceutical Holding Co today and set a price target of $58.00. The company’s shares closed last Friday at $35.28.
According to TipRanks.com, Divan is a 1-star analyst with an average return of -3.9% and a 39.5% success rate. Divan covers the Healthcare sector, focusing on stocks such as Satsuma Pharmaceuticals, Karuna Therapeutics, and SAGE Therapeutics.
Biohaven Pharmaceutical Holding Co has an analyst consensus of Strong Buy, with a price target consensus of $66.00, which is an 89.4% upside from current levels. In a report issued on March 23, William Blair also maintained a Buy rating on the stock.
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The company has a one-year high of $67.87 and a one-year low of $26.56. Currently, Biohaven Pharmaceutical Holding Co has an average volume of 1.01M.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHVN in relation to earlier this year.
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Biohaven Pharmaceutical Holding Co. Ltd. is a clinical-stage biopharmaceutical company, which engages in the research and development of late-stage product candidates targeting neurological diseases, including rare disorders. It focuses on a pipeline of product candidates that represent mechanistic platforms, calcitonin gene-related peptide receptor antagonists, and glutamate modulators. The company was founded in September 2013 and is headquartered in New Haven, CT.
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