Maxim Group analyst Jason McCarthy maintained a Hold rating on Gilead Sciences (GILD) yesterday. The company’s shares closed last Thursday at $73.50.
According to TipRanks.com, McCarthy is a 5-star analyst with an average return of 7.4% and a 42.9% success rate. McCarthy covers the Healthcare sector, focusing on stocks such as Brainstorm Cell Therapeutics, Interpace Diagnostics Group, and SELLAS Life Sciences Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Gilead Sciences with a $79.09 average price target, which is a 7.0% upside from current levels. In a report issued on May 13, J.P. Morgan also maintained a Hold rating on the stock with a $85.00 price target.
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Gilead Sciences’ market cap is currently $92.2B and has a P/E ratio of 19.00. The company has a Price to Book ratio of 20.84.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GILD in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Gilead Sciences, Inc. is a biopharmaceutical company, which engages in the research, development, and commercialization of medicines in areas of unmet medical need. The firms primary areas of focus include human immunodeficiency virus, acquired immunodeficiency syndrome, liver diseases, hematology, oncology, and inflammation and respiratory diseases. It offers antiviral products under Harvoni, Genvoya, Epclusa, Truvada, Atripla, Descovy, Stribild, Viread, Odefsey, Complera/Eviplera, Sovaldi, and Vosevi brands. The company was founded by Michael L. Riordan on June 22, 1987 and is headquartered in Foster, CA.
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