Bristol-Myers Squibb Company Share Price Target ‘$60.58’, now 6.9% Upside Potential

Broker Ratings
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Bristol-Myers Squibb Company which can be found using ticker (BMY) have now 21 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between $73.00 and $39.00 calculating the average target share price we see $60.58. (at the time of writing). Given that the stocks previous close was at $56.65 this would imply there is now a potential upside of 6.9%. The 50 day MA is $55.67 and the 200 day moving average is $49.05. The total market capitalization for the company now stands at 114.90B. The stock price is currently at: $56.28 USD

The potential market cap would be $122,861,115,287 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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