J.P. Morgan Sticks to Their Hold Rating for Roche Holding AG (RHHVF)
In a report released yesterday, Richard Vosser from J.P. Morgan maintained a Hold rating on Roche Holding AG (RHHVF), with a price target of CHF310.00. The company’s shares closed last Tuesday at $327.42.
Vosser has an average return of 13.8% when recommending Roche Holding AG.
According to TipRanks.com, Vosser is ranked #1779 out of 7425 analysts.
Roche Holding AG has an analyst consensus of Hold, with a price target consensus of $367.46, representing a 12.8% upside. In a report issued on March 22, UBS also maintained a Hold rating on the stock with a CHF330.00 price target.
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Roche Holding AG’s market cap is currently $279.3B and has a P/E ratio of 17.80. The company has a Price to Book ratio of 17.28.
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Roche Holding AG operates as a research healthcare company. It operates through the following segments: Diagnostics and Pharmaceuticals. The Pharmaceutical segment refers to development of medicines in the field of oncology, immunology, ophthalmology, infectious diseases and neuroscience. The Diagnostic segment refers to diagnosis of diseases through an in vitro diagnostics process. The company was founded by Fritz Hoffmann-La Roche on October 1, 1896 and is headquartered in Basel, Switzerland.