Home » USA Broker Ratings » Exelixis, Inc. – Consenus Indicates Potential 56.7% Upside

Exelixis, Inc. – Consenus Indicates Potential 56.7% Upside

Exelixis, Inc. with ticker code (EXEL) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 45 and 23 calculating the average target price we see 30. Given that the stocks previous close was at 19.15 this now indicates there is a potential upside of 56.7%. There is a 50 day moving average of 20.81 and the 200 moving average now moves to 21.42. The market cap for the company is $5,822m. You can visit the company’s website by visiting: http://www.exelixis.com

Exelixis, Inc., 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, Inc. has collaboration and license agreement with Ipsen Pharma SAS, Genentech, Inc., GlaxoSmithKline, Bristol-Myers Squibb Company, Merck, Invenra, Inc., StemSynergy Therapeutics, Inc., and Daiichi Sankyo Company, Limited. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was founded in 1994 and is headquartered in Alameda, California.