Roche Holding AG (RHHVF) Received its Third Buy in a Row


After Jefferies and Goldman Sachs gave Roche Holding AG (Other OTC: RHHVF) a Buy rating last month, the company received another Buy, this time from J.P. Morgan. Analyst Richard Vosser maintained a Buy rating on Roche Holding AG today. The company’s shares closed last Thursday at $354.04.

Vosser has an average return of 18.6% when recommending Roche Holding AG.

According to TipRanks.com, Vosser is ranked #774 out of 6702 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Roche Holding AG with a $398.33 average price target, which is an 11.7% upside from current levels. In a report issued on June 9, Goldman Sachs also maintained a Buy rating on the stock with a CHF400.00 price target.

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The company has a one-year high of $399.00 and a one-year low of $265.65. Currently, Roche Holding AG has an average volume of 16.35K.

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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.

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