Analysts Are Bullish on These Healthcare Stocks: BioNTech SE (BNTX), Connect Biopharma Holdings (CNTB)

TipRanks
Apr. 17, 2024, 04:20 AM

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on BioNTech SE (BNTXResearch Report), Connect Biopharma Holdings (CNTBResearch Report) and Clene (CLNNResearch Report) with bullish sentiments.

BioNTech SE (BNTX)

In a report released today, Robert Burns from H.C. Wainwright reiterated a Buy rating on BioNTech SE, with a price target of $107.00. The company’s shares closed last Tuesday at $86.34, close to its 52-week low of $85.21.

According to TipRanks.com, Burns has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -24.9% and a 22.6% success rate. Burns covers the Healthcare sector, focusing on stocks such as Black Diamond Therapeutics, Springworks Therapeutics, and Calidi Biotherapeutics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BioNTech SE with a $111.64 average price target, implying a 29.2% upside from current levels. In a report issued on April 9, BMO Capital also assigned a Buy rating to the stock with a $123.00 price target.

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Connect Biopharma Holdings (CNTB)

H.C. Wainwright analyst Emily Bodnar maintained a Buy rating on Connect Biopharma Holdings today and set a price target of $8.00. The company’s shares closed last Tuesday at $1.73.

According to TipRanks.com, Bodnar is a 4-star analyst with an average return of 5.0% and a 34.9% success rate. Bodnar covers the Healthcare sector, focusing on stocks such as Acrivon Therapeutics, Inc., TransCode Therapeutics, and Olema Pharmaceuticals.

Connect Biopharma Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $7.00, a 326.8% upside from current levels. In a report issued on April 9, Leerink Partners also reiterated a Buy rating on the stock with a $6.00 price target.

Clene (CLNN)

In a report released today, Joseph Pantginis from H.C. Wainwright maintained a Buy rating on Clene, with a price target of $7.00. The company’s shares closed last Tuesday at $0.31, close to its 52-week low of $0.25.

According to TipRanks.com, Pantginis is a 5-star analyst with an average return of 9.6% and a 37.1% success rate. Pantginis covers the Healthcare sector, focusing on stocks such as Genenta Science SpA Sponsored ADR, Bioline RX Ltd Sponsored ADR, and Cadrenal Therapeutics, Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Clene with a $4.33 average price target.

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