Amgen Inc. Share Price Target ‘$318.55’, now 6.7% Upside Potential

Broker Ratings
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Amgen Inc. with ticker code (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 $380.00 and $170.00 calculating the mean target share price we have $318.55. (at the time of writing). Given that the stocks previous close was at $298.50 this is indicating there is a potential upside of 6.7%. The 50 day moving average now sits at $291.44 and the 200 moving average now moves to $282.25. The company has a market capitalization of 159.39B. The stock price for the company is currently $297.13 USD

The potential market cap would be $170,094,232,422 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 42.39, 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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