J.P. Morgan analyst Cory Kasimov maintained a Buy rating on Alexion Pharmaceuticals (ALXN) yesterday. The company’s shares closed last Wednesday at $124.12.
According to TipRanks.com, Kasimov is a 5-star analyst with an average return of 20.4% and a 55.7% success rate. Kasimov covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, BioMarin Pharmaceutical, and ACADIA Pharmaceuticals.
Currently, the analyst consensus on Alexion Pharmaceuticals is a Moderate Buy with an average price target of $150.33, implying a 27.9% upside from current levels. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $175.00 price target.
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Alexion Pharmaceuticals’ market cap is currently $25.44B and has a P/E ratio of 30.00. The company has a Price to Book ratio of 7.29.
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Alexion Pharmaceuticals, Inc. is a biopharmaceutical company, which focuses on serving patients with devastating and ultra-rare disorders through the development and commercialization of life-transforming therapeutic products. Its products include ultomiris, soliris, strensiq and kanuma. The company was founded by Joseph A. Madri, David W. Keiser, Stephen P. Squinto and Leonard Bell in January 1992 and is headquartered in Boston, MA.
