.png "Biogen (NASDAQ: BIIB)")
In a report released today, Brian Abrahams from RBC Capital maintained a Hold rating on Biogen (BIIB), with a price target of $335.00. The company’s shares closed last Monday at $305.32.
According to TipRanks.com, Abrahams is a 4-star analyst with an average return of 3.8% and a 47.0% success rate. Abrahams covers the Healthcare sector, focusing on stocks such as Constellation Pharmaceuticals, Intra-Cellular Therapies, and Karyopharm Therapeutics.
Biogen has an analyst consensus of Moderate Buy, with a price target consensus of $342.71.
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The company has a one-year high of $374.99 and a one-year low of $215.78. Currently, Biogen has an average volume of 1.84M.
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Biogen, Inc. is a biopharmaceutical company, which engages in discovering, developing, and delivering therapies for neurological and neurodegenerative diseases. It offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA for the treatment of multiple sclerosis; SPINRAZA for the treatment of spinal muscular atrophy; and FUMADERM for the treatment of severe plaque psoriasis. The company was founded by Charles Weissmann, Heinz Schaller, Kenneth Murray, Walter Gilbert, and Phillip Allen Sharp in 1978 and is headquartered in Cambridge, MA.
