Regeneron (REGN) Receives a Hold from J.P. Morgan

J.P. Morgan analyst Cory Kasimov maintained a Hold rating on Regeneron (REGN) yesterday. The company’s shares closed last Tuesday at $510.20.

According to, Kasimov is a 5-star analyst with an average return of 22.5% and a 57.4% success rate. Kasimov covers the Healthcare sector, focusing on stocks such as Ultragenyx Pharmaceutical, Alexion Pharmaceuticals, and BioMarin Pharmaceutical.

Currently, the analyst consensus on Regeneron is a Moderate Buy with an average price target of $678.40.

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The company has a one-year high of $664.64 and a one-year low of $328.13. Currently, Regeneron has an average volume of 912.3K.

Based on the recent corporate insider activity of 102 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of REGN in relation to earlier this year.

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Regeneron Pharmaceuticals, Inc. is a biotechnology company, which engages in the discovery, invention, development, manufacture, and commercialization of medicines. It product portfolio includes the following brands: EYLEA, Dupixent, Praluent, Kevzara, Libtayo, ARCALYST, and ZALTRAP. The company was founded by Alferd G. Gilman, Leonard S. Schleifer, and Eric M. Shooter on January 8, 1988 and is headquartered in Tarrytown, NY.

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