Bristol-Myers Squibb Company Share Price Target ‘$60.76’, now 18.6% Upside Potential

Broker Ratings
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Bristol-Myers Squibb Company which can be found using ticker (BMY) now have 21 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between $85.00 and $42.00 suggesting an average Analsyt target price of $60.76. Given that the stocks previous close was at $51.21 this now indicates there is a potential upside of 18.6%. The 50 day moving average now sits at $51.48 while the 200 day moving average is $60.77. The market capitalization for the company is 104.22B. The stock price is currently at: $51.22 USD

The potential market cap would be $123,656,162,914 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, 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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