This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Healthcare Companies: Dr Reddy’s Laboratories (RDY) and Genmab (GMAB)

Tipranks - Tue Oct 27, 10:24AM CDT

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Dr Reddy’s Laboratories (RDY) and Genmab (GMAB) with bullish sentiments.

Dr Reddy’s Laboratories (RDY)

Bank of America Securities analyst Neha Manpuria maintained a Buy rating on Dr Reddy’s Laboratories today. The company’s shares closed last Monday at $13.81.

Manpuria has an average return of 0.3% when recommending Dr Reddy’s Laboratories.

According to TipRanks.com, Manpuria is ranked #5988 out of 12539 analysts.

Dr Reddy’s Laboratories has an analyst consensus of Moderate Buy, with a price target consensus of $14.34, which is a 5.5% upside from current levels. In a report issued on October 12, Exane BNP Paribas also upgraded the stock to Buy with a $14.80 price target.

See today’s best-performing stocks on TipRanks >>

Genmab (GMAB)

In a report released today, Charlie Haywood from Bank of America Securities reiterated a Buy rating on Genmab. The company’s shares closed last Monday at $44.77.

Haywood has an average return of 29.8% when recommending Genmab.

According to TipRanks.com, Haywood is ranked #2342 out of 12539 analysts.

Genmab has an analyst consensus of Strong Buy, with a price target consensus of $101.23, implying a 126.0% upside from current levels. In a report issued on October 24, TipRanks – DeepSeek also upgraded the stock to Buy with a $48.00 price target.

Read More on RDY:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.