BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) has been upgraded to Neutral in a statement by Goldman Sachs Group Inc. earlier today.
- Updated: October 7, 2016
Boasting a price of $92.27, BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) traded 0.95% higher on the day. With the last stock price close up 4.71% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. BioMarin Pharmaceutical Inc. has recorded a 50-day average of $95.62 and a two hundred day average of $89.30. Volume of trade was down over the average, with 863,707 shares of BMRN changing hands under the typical 1,640,020
Goldman Sachs Group Inc. has upgraded BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) to Neutral in a statement released on Friday October 07, 2016.
On 10/4/2016, Zacks Investment Research released a statement for BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) bumped up the target price from $0.00 to $106.00 that suggested an upside of 0.12%.
With a total market value of $0, BioMarin Pharmaceutical Inc. has with a one year low of $62.12 and a one year high of $118.48 .
A total of 20 brokerages have issued a ratings update on BioMarin Pharmaceutical Inc.. Six brokerages rating the company a strong buy, eleven brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $116.10.
General Company Details For BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)
BioMarin Pharmaceutical Inc. (BioMarin) develops and commercializes pharmaceuticals for various diseases and medical conditions. The Company's product portfolio consists of approximately five approved products, and multiple clinical and pre-clinical product candidates. Its approved products include Vimizim (elosulfase alpha), Naglazyme (galsulfase), Kuvan (sapropterin dihydrochloride), Aldurazyme (laronidase) and Firdapse (amifampridine phosphate). Its products in clinical development include Kyndrisa, Pegvaliase, Reveglucosidase alfa, Vosoritide (formerly BMN 111), Cerliponase alfa, BMN 044, BMN 045, BMN 053 and BMN 270. Vimizim is an enzyme replacement therapy for the treatment of mucopolysaccharidosis type IV (MPS IV A). Naglazyme is a recombinant form of N-acetylgalactosamine 4-sulfatase (arylsulfatase B) indicated for patients with mucopolysaccharidosis VI (MPS VI). Kuvan is a synthetic oral form of 6R-BH4 indicated for patients with phenylketonuria (PKU).
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