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Analysts Are Bullish on Top Healthcare Stocks: Legend Biotech (LEGN), Oculis Holding (OCS)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Legend Biotech (LEGNResearch Report), Oculis Holding (OCSResearch Report) and Guardant Health (GHResearch Report) with bullish sentiments.

Legend Biotech (LEGN)

In a report released today, Mitchell Kapoor from H.C. Wainwright reiterated a Buy rating on Legend Biotech, with a price target of $86.00. The company’s shares closed last Monday at $42.97, close to its 52-week low of $42.08.

According to TipRanks.com, Kapoor has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.9% and a 43.4% success rate. Kapoor covers the Healthcare sector, focusing on stocks such as Rani Therapeutics Holdings, Cartesian Therapeutics, and Reneo Pharmaceuticals.

Legend Biotech has an analyst consensus of Strong Buy, with a price target consensus of $85.92, which is an 85.7% upside from current levels. In a report issued on May 7, J.P. Morgan also maintained a Buy rating on the stock with a $79.00 price target.

See the top stocks recommended by analysts >>

Oculis Holding (OCS)

Leerink Partners analyst Marc Goodman maintained a Buy rating on Oculis Holding on May 9 and set a price target of $22.00. The company’s shares closed last Monday at $12.07.

According to TipRanks.com, Goodman is a 4-star analyst with an average return of 2.7% and a 43.6% success rate. Goodman covers the Healthcare sector, focusing on stocks such as Opthea Limited Sponsored ADR, Amylyx Pharmaceuticals Inc, and Intra-Cellular Therapies.

Currently, the analyst consensus on Oculis Holding is a Strong Buy with an average price target of $27.00, implying a 123.1% upside from current levels. In a report issued on April 24, H.C. Wainwright also reiterated a Buy rating on the stock with a $28.00 price target.

Guardant Health (GH)

In a report issued on May 9, Puneet Souda from Leerink Partners maintained a Buy rating on Guardant Health, with a price target of $40.00. The company’s shares closed last Monday at $24.00.

According to TipRanks.com, Souda is ranked 0 out of 5 stars with an average return of -10.3% and a 37.3% success rate. Souda covers the Healthcare sector, focusing on stocks such as Sonida Senior Living, Inc., AbCellera Biologics, and Castle Biosciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Guardant Health with a $35.45 average price target, representing a 56.2% upside. In a report issued on April 29, Canaccord Genuity also maintained a Buy rating on the stock with a $30.00 price target.

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