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Scotiabank Analyst Reiterates Buy Rating on Biogen Inc., BIIB Stock

Alert on BIIB: The scanners at HealthTechMovers.com, with the help of Tipranks.com, found the following stock rating has recently occurred regarding this top healthtech stock. HealthTechMovers.com keeps investors informed of trending healthcare stocks, health insurance stocks, healthcare technology stocks, biotechnology stocks, pharmaceutical stocks, healthcare service provider stocks, life science stocks and more.

George Farmer
analyst at Scotiabank reiterates coverage on Biogen Inc. (BIIB) stock in the Healthcare sector with a Buy rating. TipRanks.com has Farmer rated as a 4.2 star analyst with a 49% return on investment and a 13% success rate. Farmer has set a price target of $275. 

TipRanks.com reports that Biogen Inc. stock currently has 5 analysts offering 12-month price targets and the consensus is a Buy rating with an average price target for BIIB's stock is $292.60. The target pricing ranges from a high forecast of $317 down to a low forecast of $270. Biogen Inc. (BIIB)’s stock last closing price was $230.63 which would put the average price target at 26.87% upside.

In addition, TradingView issued a rating for BIIB's stock over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has short-term outlook. Remember, securities are volatile, so please do your own research on BIIB stock.

Click here for the full story on BIIB stock >>

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

This article was pulled from healthtechmovers.com as they are an authority in the HealthTech Stock Sector.  HealthTechMovers.com keeps investors informed of trending healthcare stocks, health insurance stocks, healthcare technology stocks, biotechnology stocks, pharmaceutical stocks, healthcare service provider stocks, life science stocks and more.

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