Credit Suisse analyst Lorenzo Biasio resumed coverage with a Hold rating on Pfizer (PFE) on July 12 and set a price target of $47. The company’s shares closed on Friday at $42.40.
According to TipRanks.com, Biasio is a 3-star analyst with an average return of 3.2% and a 56.7% success rate. Biasio covers the Healthcare sector, focusing on stocks such as Clovis Oncology, Merck & Company, and Thermo Fisher.
Currently, the analyst consensus on Pfizer is a Moderate Buy with an average price target of $46.83.
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Pfizer’s market cap is currently $235.6B and has a P/E ratio of 21.74. The company has a Price to Book ratio of 4.
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