Analyst Ratings for Biogen Inc. (BIIB)Updated: 2017-07-28
An average rating of Overweight has been given to Biogen Inc. (NASDAQ:BIIB) by analysts covering the stock. A consensus rating of Overweight was previously issued for BIIB last month.
30 analysts issued ratings on the stock, where 16 gave BIIB a buy rating, 3 gave an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has decreased by 1.
BIIB was given price targets by several analysts. The most optimistic price target was 442, implying potential capital gains of 53.5 percent. The minimum price target given was 270, implying a possible loss of -6.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.47 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.47 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.59 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.34 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 9 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Over the same time period, 4 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
BIIB has an estimated earnings growth rate of 35.26 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. BIIB has a PEG ratio of 0.54.
In the last 52-weeks, BIIB has achieved a high of 307.33 and a low of 244.28. Today's price is 17.88 percent above the 52-week low, and 6.31 percent below the high. BIIB has a price/earnings ratio of 18.91. Investors typically compare the P/E ratio to a company's peers in the industry. The BIIB value stock report compares BIIB to some of its peers using value stock charts. The market cap of BIIB is $63.15 billion. BIIB's next earnings release will be on 0000-00-00, which is days away.