Bristol-Myers Squibb Company Share Price Target ‘$59.64’, now 1.5% Upside Potential

Broker Ratings
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Bristol-Myers Squibb Company which can be found using ticker (BMY) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $73.00 and $39.00 calculating the mean target share price we have $59.64. (at the time of writing). Now with the previous closing price of $58.74 this indicates there is a potential upside of 1.5%. It’s also worth noting that there is a 50 day moving average of $54.21 and the 200 day moving average is $48.68. The market capitalization for the company is 120.21B. The price for the stock stands currently at: $59.27 USD

The potential market cap would be $122,055,783,671 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 -, revenue per share of $23.41 and a 6.07% return on assets.

Bristol-Myers Squibb Company is a biopharmaceutical company. The Company is engaged in the discovery, development, licensing, manufacturing, marketing, distribution, and sale of biopharmaceutical products. It offers products for a range of therapeutic classes, which include oncology, immunology, cardiovascular and hematology. Its pharmaceutical products include chemically synthesized or small molecule drugs and products produced from biological processes, called biologics. Biologics are administered to patients through injections or by infusion. Its products include Revlimid, Abecma, Eliquis, Opdivo, Orencia, Pomalyst/Imnovid, Sprycel, Yervoy, Abraxane, Empliciti, Reblozyl, Inrebic, Onureg, Zeposia, Camzyos, and Breyanzi. It also has a pipeline of investigational medicines designed to target the common mutations associated with oncogenesis, including repotrectinib. Its products are sold to wholesalers, distributors, pharmacies, retailers, hospitals, clinics, and government agencies.

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