Amgen Inc. – Consensus ‘buy’ rating and -5.1% Downside Potential

Broker Ratings
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Amgen Inc. with ticker code (AMGN) have now 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $350.00 and $185.00 calculating the mean target price we have $290.04. Now with the previous closing price of $305.50 this is indicating there is a potential downside of -5.1%. The 50 day MA is $284.11 and the 200 day MA is $256.08. The company has a market cap of 166.04B. The stock price is currently at: $310.26 USD

The potential market cap would be $157,641,553,187 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 22.07, revenue per share of $50.16 and a 7.86% 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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