Amgen Inc. Share Price Target ‘$256.66’, now -10.4% Downside Potential

Broker Ratings
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Amgen Inc. which can be found using ticker (AMGN) now have 23 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $304.26 and $167.53 and has a mean target at $256.66. Given that the stocks previous close was at $286.53 this would indicate that there is a downside of -10.4%. It’s also worth noting that there is a 50 day moving average of $271.71 and the 200 day moving average is $250.27. The market cap for the company is 154.38B. The stock price for the company is currently $288.46 USD

The potential market cap would be $138,283,994,792 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 20.53, 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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