McKesson Corporation with ticker code (MCK) now have 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 450 and 320 with the average target price sitting at 414.79. Given that the stocks previous close was at 374.33 this indicates there is a potential upside of 10.8%. The 50 day moving average now sits at 378.68 and the 200 day MA is 345.21. The market cap for the company is $53,032m. Visit the company website at: https://www.mckesson.com
The potential market cap would be $58,764m based on the market concensus.
McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, International, Medical-Surgical Solutions, and Prescription Technology Solutions (RxTS). The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar, and over-the-counter pharmaceutical drugs and other healthcare-related products. This segment also provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices; and consulting, outsourcing, technological, and other services, as well as sells financial, operational, and clinical solutions to pharmacies. The International segment offers distribution and services to wholesale, institutional, and retail customers in 13 European countries and Canada. The Medical-Surgical Solutions segment provides medical-surgical supply distribution, logistics, and other services to healthcare providers. The RxTS segment serves biopharma and life sciences partners and patients to address medication challenges for patients throughout their journeys; connects pharmacies, providers, payers, and biopharma companies to deliver innovative access and adherence solutions; and provides third-party logistics and wholesale distribution support solutions. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.