Bristol-Myers Squibb Company Share Price Target ‘$60.38’, now 16.8% Upside Potential

Broker Ratings
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Bristol-Myers Squibb Company with ticker code (BMY) now have 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $85.00 and $42.00 calculating the average target share price we see $60.38. (at the time of writing). Given that the stocks previous close was at $51.70 this would indicate that there is a potential upside of 16.8%. The day 50 moving average is $51.13 and the 200 day MA is $60.47. The total market capitalization for the company now stands at 106.42B. The stock price for the company is currently $52.04 USD

The potential market cap would be $124,284,280,769 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 13.28, revenue per share of $21.51 and a 5.59% 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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