Exelixis with ticker code (EXEL) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 35 and 19 calculating the mean target price we have 24.18. With the stocks previous close at 17.67 this is indicating there is a potential upside of 36.8%. The 50 day MA is 16.45 and the 200 moving average now moves to 19.03. The company has a market capitalisation of $5,211m. Find out more information at: http://www.exelixis.com
Exelixis, an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines to treat cancers in the United States. The company’s products include CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of patients with progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. Exelixis has collaboration and license agreement with Ipsen Pharma SAS, Genentech, GlaxoSmithKline, Bristol-Myers Squibb Company, Merck, Invenra, StemSynergy Therapeutics, and Daiichi Sankyo Company, Limited. The company was formerly known as Exelixis Pharmaceuticals and changed its name to Exelixis in February 2000. Exelixis was founded in 1994 and is headquartered in Alameda, California.