Amgen Inc. Share Price Target ‘$328.50’, now -.6% Downside Potential

Broker Ratings
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Amgen Inc. which can be found using ticker (AMGN) now have 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $381.00 and $180.00 suggesting an average analyst share price target price of $328.50. (at the time of writing). Given that the stocks previous close was at $330.64 this now indicates there is a potential downside of -.6%. It’s also worth noting that there is a 50 day moving average of $325.77 and the 200 day moving average is $298.20. The market cap for the company is 174.29B. Currently the stock stands at: $324.36 USD

The potential market cap would be $173,159,983,917 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 55.83, revenue per share of $57.66 and a 4.48% 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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