Vertex Pharmaceuticals Incorpor with ticker code (VRTX) have now 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 285 and 200 calculating the average target price we see 241.77. Given that the stocks previous close was at 228.95 this would imply there is a potential upside of 5.6%. There is a 50 day moving average of 221.58 and the 200 day MA is 191.68. The market cap for the company is $58,242m. Company Website: http://www.vrtx.com
Vertex Pharmaceuticals Incorporated engages in developing and commercializing therapies for treating cystic fibrosis. The company markets SYMDEKO/SYMKEVI, ORKAMBI, and KALYDECO to treat patients with cystic fibrosis who have specific mutations in their cystic fibrosis transmembrane conductance regulator gene. It is also developing VX-659 and VX-445 that are Phase III clinical trials; VX-121, a cystic fibrosis transmembrane conductance regulator corrector that is in Phase I/II clinical trial; VX-150, an inhibitor that is in Phase IIb clinical trial for acute pain; CTX001 that is in Phase I/II clinical trial for the treatment of beta-thalassemia and sickle cell diseases; and a novel drug candidate, which is in Phase I clinical trial for the treatment for alpha-1 antitrypsin deficiency. The company sells its products primarily to specialty pharmacy and specialty distributors in the United States, as well as specialty distributors and retail chains, and hospitals and clinics internationally. Vertex Pharmaceuticals Incorporated has collaborations with CRISPR Therapeutics AG; Arbor Biotechnologies; Moderna Therapeutics; Genomics plc; Merck KGaA; Darmstadt, Germany; X-Chem; Janssen Pharmaceuticals; Merck KGaA; Kymera Therapeutics; Ribometrix; and Molecular Templates The company was founded in 1989 and is headquartered in Boston, Massachusetts.