Home » USA Broker Ratings » BioMarin Pharmaceutical – Consenus Indicates Potential 29.4% Upside

BioMarin Pharmaceutical – Consenus Indicates Potential 29.4% Upside

BioMarin Pharmaceutical with ticker code (BMRN) now have 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 159 and 77 calculating the average target price we see 115.23. With the stocks previous close at 89.02 this now indicates there is a potential upside of 29.4%. The 50 day moving average now sits at 83.75 while the 200 day moving average is 77.04. The market cap for the company is $15,963m. Visit the company website at: http://www.biomarin.com

BioMarin Pharmaceutical , a biotechnology company, develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its commercial products include Aldurazyme to treat mucopolysaccharidosis I, a genetic disease; Brineura for the treatment of late infantile neuronal ceroid lipofuscinosis type 2, a form of Batten disease; and Kuvan, a proprietary synthetic oral form of 6R-BH4 that is used to treat patients with phenylketonuria (PKU), an inherited metabolic disease. The company’s commercial products also comprise Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase for patients with mucopolysaccharidosis VI; Palynziq, a PEGylated recombinant phenylalanine ammonia lyase enzyme for adult patients with PKU; Vimizim, an enzyme replacement therapy for the treatment of mucopolysaccharidosis IV Type A, a lysosomal storage disorder; and Firdapse for lambert eaton myasthenic syndrome. Its clinical and pre-clinical product pipeline includes valoctocogene roxaparvovec, an adeno associated virus vector drug development candidate in patients with severe hemophilia A; and vosoritide, a peptide therapeutic for the treatment of achondroplasia, a form of disproportionate short stature in humans. The company serves specialty pharmacies; and end-users, such as hospitals and foreign government agencies, as well as distributors and pharmaceutical wholesalers in the United States, Europe, Latin America, and internationally. It has collaboration and license agreements with Sarepta Therapeutics and Asubio Pharma Co., Ltd. The company was founded in 1996 and is headquartered in San Rafael, California.

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