BioMarin Pharmaceutical Inc. – Consensus ‘buy’ rating and 23.8% Upside Potential

Broker Ratings
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BioMarin Pharmaceutical Inc. which can be found using ticker (BMRN) have now 25 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $140.00 and $80.00 calculating the average target price we see $109.74. Given that the stocks previous close was at $88.63 this is indicating there is a potential upside of 23.8%. It’s also worth noting that there is a 50 day moving average of $87.65 and the 200 day moving average is $89.03. The market cap for the company is 16.98B. The stock price is currently at: $89.49 USD

The potential market cap would be $21,027,988,337 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 102.86, revenue per share of $12.88 and a 1.63% return on assets.

BioMarin Pharmaceutical Inc. (BioMarin) is a biotechnology company that develops and commercializes therapies that address the root cause of genetic conditions. The Company’s portfolio consists of seven commercial products and multiple clinical and preclinical product candidates for the treatment of various diseases. BioMarin’s commercial products include Vimizim (elosulfase alpha), Naglazyme (galsulfase), Kuvan (sapropterin dihydrochloride), Palynziq (pegvaliase-pqpz), Brineura (cerliponase alfa), Roctavian (valoctocogene roxaparvovec) and Voxzogo (vosoritide). The Roctavian is an adeno associated virus (AAV5) vector drug development candidate designed to restore factor VIII plasma concentrations in patients with severe hemophilia A. The Company’s clinical development programs include BMN 331, an AAV5 mediated gene therapy for people living with Hereditary Angioedema (HAE) and BMN 255 is a small-molecule therapy that is designed to treat hyperoxaluria in chronic liver disease.

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