Amgen Inc (AMGN) Gets a Hold Rating from RBC Capital

By Austin Angelo

RBC Capital analyst Kennen MacKay maintained a Hold rating on Amgen Inc (AMGNResearch Report) yesterday and set a price target of $182. The company’s shares closed yesterday at $197.76.

According to TipRanks.com, MacKay is a 5-star analyst with an average return of 16.0% and a 58.7% success rate. MacKay covers the Healthcare sector, focusing on stocks such as Alexion Pharmaceuticals, Abeona Therapeutics, and Puma Biotechnology.

Currently, the analyst consensus on Amgen Inc is a Moderate Buy with an average price target of $207.23, implying a 4.8% upside from current levels. In a report released yesterday, Cantor Fitzgerald also maintained a Hold rating on the stock with a $223 price target.

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The company has a one-year high of $210.19 and a one-year low of $163.31. Currently, Amgen Inc has an average volume of 2.82M.

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