Qiagen (QGEN) Gets a Hold Rating from Norddeutsche Landesbank


Norddeutsche Landesbank analyst Thorsten Strauss maintained a Hold rating on Qiagen (QGEN) today. The company’s shares closed last Wednesday at $51.68, close to its 52-week high of $55.27.

According to TipRanks.com, Strauss ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -9.8% and a 50.0% success rate. Strauss covers the Basic Materials sector, focusing on stocks such as Wacker Chemie AG, LANXESS, and Linde.

Qiagen has an analyst consensus of Hold, with a price target consensus of $56.90.

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Qiagen’s market cap is currently $12.09B and has a P/E ratio of 64.30. The company has a Price to Book ratio of -32.50.

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QIAGEN NV is a holding company, which engages in the provision of sample and assay technology to transform biological samples into valuable molecular insights. It offers bioinformatics, molecular diagnostics, next-gen sequencing, and genomic services. The company was founded by Detlev H. Riesner and Metin Colpan on April 29, 1996 and is headquartered in Venlo, the Netherlands.

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