Amgen Inc. – Consensus ‘buy’ rating and -4.6% Downside Potential

Broker Ratings
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Amgen Inc. with ticker code (AMGN) have now 23 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $380.00 and $170.00 calculating the average target price we see $320.24. Given that the stocks previous close was at $335.61 this is indicating there is a potential downside of -4.6%. The day 50 moving average is $314.00 and the 200 day moving average is $290.22. The market cap for the company is 179.33B. The stock price is currently at: $334.30 USD

The potential market cap would be $171,117,397,167 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 47.83, revenue per share of $55.15 and a 4.88% return on assets.

Amgen Inc. is a biotechnology company. The Company discovers, develops, manufactures and delivers various human therapeutics. It operates in human therapeutics segment. The Company’s marketed products portfolio includes Aranesp, ENBREL, Prolia (denosumab), Neulasta (pegfilgrastim), Otezla, XGEVA, Aranesp (darbepoetin alfa), KYPROLIS, Repatha (evolocumab), Nplate (romiplostim), Vectibix (panitumumab), MVASI (bevacizumab-awwb), Parsabiv (etelcalcetide), EPOGEN (epoetin alfa), KANJINTI (trastuzumab-anns), BLINCYTO (blinatumomab), Aimovig (erenumab-aooe), EVENITY (romosozumab-aqqg), AMGEVITATM (adalimumab), Sensipar/Mimpara (cinacalcet), NEUPOGEN (filgrastim), IMLYGIC (talimogene laherparepvec), Corlanor (ivabradine) and AVSOLA (infliximab-axxq), Evenity, LumaKras, Nplate, XGeva, and others. The Company focuses on human therapeutics for the treatment of serious illness in the areas of inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience.

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