Beigene’s (NASDAQ:BGNE) Buy Rating Reaffirmed at Bank of America – TechNewsObserver
Finally, Cowen upped their target price on shares of Beigene from $170.00 to $225.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. Shares of BGNE stock opened at $189.20 on Monday. The business’s revenue for the quarter was down 7.5% on a year-over-year basis. As a group, equities analysts predict that Beigene will post -12.85 EPS for the current fiscal year. Artal Group S.A. now owns 650,000 shares of the company’s stock valued at $80,568,000 after buying an additional 50,000 shares during the last quarter. Northern Trust Corp increased its stake in shares of Beigene by 5.0% in the 2nd quarter. Northern Trust Corp now owns 594,914 shares of the company’s stock valued at $73,739,000 after buying an additional 28,569 shares during the period.