# Vertex Pharmaceuticals Incorporated  Share Price Target ‘$473.61’, now -3.7% Downside Potential

- Link: https://www.directorstalkinterviews.com/vertex-pharmaceuticals-incorporated-share-price-target-473.61-now-3.7-downside-potential/4121164750
- Published: 2024-07-12T13:33:04+01:00
- Author: Charlotte Edwards

**Vertex Pharmaceuticals Incorporated** with ticker code (VRTX) have now 26 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $577.00 and $325.00
calculating the average target share price we see $473.61. (at the time of writing).
Now with the previous closing price of $491.62 this is indicating there is a potential
downside of -3.7%. The 50 day moving average now sits at $455.29 while the 200 day
moving average is $410.00. The company has a market cap of 127.00B. The stock price
for the company is currently $492.13 USD

 The potential market cap would be $122,343,264,132 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 31.94, revenue per share of $39.49
and a 12.82% return on assets.

Vertex Pharmaceuticals Incorporated is a global biotechnology company. The Company
is focused on developing medicines that treat the underlying cause of cystic fibrosis(
CF). Its pipeline includes mid- and late-stage clinical programs in sickle cell 
disease, beta thalassemia, acute and neuropathic pain, APOL1-mediated kidney disease,
type 1 diabetes, and alpha-1 antitrypsin deficiency, and earlier-stage programs 
in diseases such as muscular dystrophies. Its marketed medicines are TRIKAFTA/KAFTRIO(
elexacaftor/tezacaftor/ivacaftor and ivacaftor), SYMDEKO/SYMKEVI (tezacaftor/ivacaftor
and ivacaftor), ORKAMBI (lumacaftor/ivacaftor) and KALYDECO (ivacaftor). The Company
has a pipeline of investigational small molecule, cell and genetic therapies in 
other serious diseases where it has deep insight into causal human biology, including
sickle cell disease, beta thalassemia, APOL1-mediated kidney disease, pain, type
1 diabetes, alpha-1 antitrypsin deficiency and Duchenne muscular dystrophy.

Share on:
