Cracking The Code: Understanding Analyst Reviews For Genmab
Portfolio Pulse from Benzinga Insights
Genmab (NASDAQ:GMAB) has received diverse analyst ratings in the last three months, with 5 analysts offering views ranging from bullish to somewhat bearish. The average 12-month price target is $45.8, with a high of $50.00 and a low of $32.00, reflecting a 3.32% increase from the previous average of $44.33. Analyst Raghuram Selvaraju from HC Wainwright & Co. has adjusted his price target and maintained a 'Buy' rating, while Matthew Harrison from Morgan Stanley has lowered his rating to 'Underweight' with a price target of $32.00. Genmab, a biotech company specializing in antibody therapeutics, has shown a revenue growth rate of 16.08% and a high net margin of 44.88%, but its revenue growth lags behind industry peers. The company's financial health is strong, with an ROE of 7.11% and an ROA of 6.33%, and a low debt-to-equity ratio of 0.03.
January 29, 2024 | 12:00 pm
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NEUTRAL IMPACT
Genmab has received mixed analyst ratings, with an updated average 12-month price target of $45.8. The company's strong financial performance is reflected in its revenue growth and profitability metrics.
The mixed analyst ratings with both upgrades and downgrades suggest a neutral short-term impact on Genmab's stock price. The strong financial metrics may provide some support to the stock, but the lag in revenue growth compared to industry peers could temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100