Price Target Analysis of Celgene Corporation (NASDAQ:CELG)

Celgene Corp now has $81.44 billion valuation. It offers REVLIMID, an oral immunomodulatory drug for multiple myeloma, myelodysplastic syndromes, and mantle cell lymphoma; POMALYST/IMNOVID to treat multiple myeloma; OTEZLA, a small-molecule inhibitor of phosphodiesterase 4 for psoriatic arthritis, psoriasis, and ankylosing spondylitis; and ABRAXANE, a solvent-free chemotherapy product to treat breast, non-small cell lung, pancreatic, and gastric cancers. It has a 9.48 P/E ratio.

Chemical Bank increased its stake in Celgene Corp (CELG) by 5.43% based on its latest 2017Q2 regulatory filing with the SEC. Vanguard Group Inc. now owns 53,527,210 shares of the biopharmaceutical company's stock valued at $6,951,579,000 after purchasing an additional 1,610,056 shares during the last quarter. Sowell Financial Services LLC now owns 2,454 shares of the biopharmaceutical company's stock worth $289,000 after buying an additional 13 shares in the last quarter. Neuberger Berman Group LLC now owns 1,844,837 shares of the biopharmaceutical company's stock worth $229,553,000 after purchasing an additional 71,729 shares during the period. About shares traded. Tesco PLC (OTCMKTS:TSCDY) has 0.00% since December 6, 2016 and is. It has underperformed by 16.70% the S&P500. Capital World Investors owned about 0.08% of Celgene worth $82,467,000 as of its most recent filing with the Securities and Exchange Commission. It also increased its holding in Facebook Inc (NASDAQ:FB) by 198,754 shares in the quarter, for a total of 1.72 million shares, and has risen its stake in Microchip Technology Inc (NASDAQ:MCHP). Tier Reit Inc was reduced too. Celgene's revenue was up 10.2% on a year-over-year basis. analysts anticipate that Celgene Corporation will post 6.67 EPS for the current year. The company was maintained on Monday, October 30 by Credit Suisse. Celgene presently has an average rating of "Buy" and a consensus target price of $139.57. On Tuesday, November 8 the stock rating was initiated by Mizuho with "Buy". William Blair reaffirmed an "outperform" rating on shares of Celgene in a research report on Friday, October 20th. The company was maintained on Friday, January 29 by RBC Capital Markets. BMO Capital Markets has "Outperform" rating and $148 target. Jefferies Group reissued a "buy" rating and set a $160.00 price target on shares of Celgene in a research report on Friday, September 15th. Cantor Fitzgerald reiterated a "buy" rating and issued a $162.00 price objective on shares of Celgene in a research note on Tuesday, September 26th.

Investors sentiment increased to 1.34 in Q2 2017. South Texas Money Management Ltd. grew its position in shares of Celgene by 0.6% during the 1st quarter.

A number of other hedge funds have also added to or reduced their stakes in CELG. The institutional investor owned 635,000 shares of the biopharmaceutical company's stock after selling 65,000 shares during the period. Jennison Associates LLC grew its holdings in shares of Celgene by 1.2% during the 2nd quarter. Ls Ltd invested in 0.17% or 21,422 shares. Private Wealth Advisors holds 0.6% or 10,768 shares in its portfolio. 500.06 million shares or 0.04% more from 499.87 million shares in 2017Q1 were reported. Moreover, Bartlett Limited Liability Co has 0.01% invested in Celgene Corporation (NASDAQ:CELG). Laffer holds 46,065 shares or 0% of its portfolio. 602.51 million shares or 1.81% more from 591.78 million shares in 2017Q1 were reported. The Gateway Investment Advisers Llc holds 524,439 shares with $68.11 million value, up from 488,187 last quarter. (NYSE:PLD). Perkins Coie Tru has 0.02% invested in Prologis, Inc. The original version of this article can be accessed at Paw Cap holds 1.56% or 12,000 shares.

Celgene Corporation (NASDAQ:CELG) lost -0.05 Percent and closed its previous trading session at $102.56. Altavista Wealth Mngmt Incorporated reported 2,850 shares. Celgene Corporation (CELG) has risen 17.00% since December 6, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Analysts await Celgene Corporation (NASDAQ:CELG) to report earnings on January, 25. They expect $0.67 earnings per share, up 6.35% or $0.04 from last year's $0.63 per share. CELG's profit will be $1.37 billion for 14.89 P/E if the $1.74 EPS becomes a reality. S&Co invested 0.21% in Celgene Corporation (NASDAQ:CELG).

Since June 15, 2017, it had 0 insider buys, and 3 sales for $2.36 million activity.

Ratings analysis reveals 50% of Celgene's analysts are positive. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the company. At the moment, the average analyst rating for CELG is Moderate Buy. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, July 6. UBS lowered shares of Celgene from a "strong-buy" rating to a "market perform" rating and set a $160.00 price target on the a report on Thursday, October 26th.

Related News:

  • Atlanta anchor Sharon Reed shuts down racist woman live on-air

    Atlanta anchor Sharon Reed shuts down racist woman live on-air

    Not the first time I've been called that word. "I'm not a fan of the use of the word but on the other hand, I get it". Instead of an angry response, Reed said she made a decision to let the viewer's words "speak for themselves".

    Saturna Capital CORP Has $51.43 Million Stake in Novo Nordisk A/S (NVO)

    When we look at the Volatility of the company, Week Volatility is at 1.13% whereas Month Volatility is at 0.99%. JNBA Financial Advisors' holdings in Novo Nordisk A/S were worth $106,000 as of its most recent SEC filing.
    [LISTEN] Little Foot fossils unveiled in SA

    [LISTEN] Little Foot fossils unveiled in SA

    The researchers say it has taken 20 years to excavate, clean, reconstruct and analyze the fragile skeleton. Much of the reason this took so long was the extreme caution taken to avoid damaging any sort of fossil.
  • Project Future Performance Before Investment: Philip Morris International Inc. (NYSE: PM)

    Project Future Performance Before Investment: Philip Morris International Inc. (NYSE: PM)

    Highbridge Capital Management Llc increased Chemours Co stake by 12,136 shares to 92,055 valued at $3.49 million in 2017Q2. It fall, as 41 investors sold INTU shares while 249 reduced holdings. 16 funds opened positions while 35 raised stakes.

    Most Active Stock: Bank of America Corporation (BAC)

    It worsened, as 79 investors sold BAC shares while 543 reduced holdings. 120 funds opened positions while 577 raised stakes. The stock of Bank of America Corporation (NYSE:BAC) earned "Neutral" rating by Guggenheim on Tuesday, November 15.

    Trump's lawyer rejects claims financial details have been demanded

    The German bank is one of the few major lenders that has lent large amounts to Trump in the past decade. However, the White House is now responding to the report, shutting it down completely.
  • Insider BARTLETT STEVE bought 200 Shares Of Ares Capital Corporation (ARCC)

    The stock of Ares Capital Corporation (NASDAQ:ARCC) has "Hold" rating given on Tuesday, November 14 by BMO Capital Markets. Commonwealth Equity Svcs Incorporated has invested 0.03% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC).
    Dragon's Crown Pro Western Release Date Confirmed

    Dragon's Crown Pro Western Release Date Confirmed

    For those unfamiliar with the game, it is a 2D hack and slash beat 'em up action game from Vanillaware. This comes after Sony's PlayStation Experience 2017 games list noted it would be at the event.
    Memorials being held to remember victims of 1989 Montreal Massacre

    Memorials being held to remember victims of 1989 Montreal Massacre

    Family members and loved ones of the women slain will also be present, along with every Montrealer who wishes to attend. In 1991, the Parliament of Canada established this day of remembrance and action on Violence against Women.
  • Hourglass Capital Decreased Anthem (ANTM) Position By $770800; Ultralife Has 2.5 Sentiment

    The company reported $2.65 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.40 by $0.25. Anthem, Inc. has a one year low of $140.50 and a one year high of $236.39. (NYSE:ANTM) opened at $223.49 on Wednesday.
    British govt should apologise for Jallianwala tragedy, says London mayor Sadiq Khan

    British govt should apologise for Jallianwala tragedy, says London mayor Sadiq Khan

    Khan, the son of a Pakistani immigrant bus driver in London, also laid a wreath at a memorial to the victims. The Shiromani Gurdwara Parbandhak Committee (SGPC) gave Khan a "siropa" (robe of honour) during the visit.
    Gunners defender Shkodran Mustafi a doubt for Southampton game with thigh problem

    Gunners defender Shkodran Mustafi a doubt for Southampton game with thigh problem

    The Belarussians have kept just two clean sheets in their last 26 European away trips (inc. qualifiers), conceding five goals last time out.

Most liked

Scientists discover the universe's most distant supermassive black hole
What's more, the Bañados quasar, as it's being dubbed, stems from a particularly mysterious time in the universe's history. Quasars are supermassive black holes at the center of galaxies that actively consume gas and dust .

Dublin acid attack may have been orchestrated by other woman
Gardai are appealing for information about a heavy set man seen wearing dark clothes in Blackrock at the time of the assault. Detectives believe the injured woman was targeted because the woman suspected of planning it had a grudge against her.

Miss Universe 2017 to visit Batanes on December 8
Ballesteros transformed himself into newly-crowned Miss Universe 2017 Demi-Leigh Nel-Peters, who hails from South Africa. They will also showcase the work of talented designers from Mindanao in a charity fashion show.

Oreo reveals "mystery" flavor
The cookie company confirmed Tuesday that Fruity Pebbles, the popular children's breakfast cereal, was the inspiration for the new flavor .

Industry Growth of Stem Cell Reconstructive Market
To provide country level analysis of the market for segment by treatment type, by cell type, by applications and its sub-segments. At the end, the Global Insect Cell Culture Market report delivers high-level information both in terms of quality and quantity.

HWG Holdings LP Takes $1.96 Million Position in Intuitive Surgical, Inc. (ISRG)
Tobam holds 0.09% or 2,546 shares in its portfolio. 368 are owned by Baker Boyer Comml Bank. (NASDAQ:AMGN) or 2,453 shares. The lowest price the stock reached in the last trading day was $58.92 and compares with the $57.90 52-week low.

Indians to expand fan safety netting at Progressive Field
After the September incident, Yankees officials vowed to take a hard look at extending the protective netting behind home plate. In addition to their project at Yankee Stadium, the Yankees also plan to extend the protective netting at Tampa's George M.

Call of Duty WWII will warm you up with a Winter Siege
From a very festive Headquarters to a new Quartermaster, this event is adding a ton of new features to WWII this holiday season. Players will also receive a free Winter Siege Supply Drop for logging in to play each week of the Winter Siege event.

Flaming Stock-:- MGM Resorts International (NYSE:MGM)
The stock of MGM Resorts International (NYSE: MGM ) earned "Buy" rating by Goldman Sachs on Friday, December 16. Nwi Management Lp decreased Mgm Resorts International ( MGM ) stake by 51.31% reported in 2017Q2 SEC filing.

Steam Ends Bitcoin Support
Even with that in mind, Valve likely won't bring Bitcoin back until either its value stops changing so dramatically or its transaction fees go down.

'As big as my head'
Ms Wang showed the huge fruit to her friends, who began making inquiries online and discovered it might be the largest on record. Pamela Wang from Kailua-Kona, Hawaii , found a "monster-size avocado " that she believes may be the world's largest avocado .

Federation Internationale de Football Association lifts Kuwait's 2-year ban from global soccer
The country was also banned from global competitions by FIFA over alleged interference in the national football association.

Oprah Interviewed Jennifer Lawrence & Asked All the Tough Questions
We'd be able to pass state-by-state legislation to help [stop] corruption in our government", she continued. As long as Lawrence has been a big star in Hollywood, she's given back to her community and beyond.

EPS for Carnival Corporation (CCL) Expected At $0.51
Finally, Credit Suisse Group reissued a "neutral" rating on shares of Carnival in a research note on Thursday, September 28th. Instinet restated a "buy" rating and issued a $75.00 price target on shares of Carnival in a report on Monday, October 2nd.

Watch Kate McKinnon Do an Impression of Real-Life Superhero Gal Gadot
Time will tell, although "Midwestern Toad Women" sounds like an A+ sketch idea for the next time Gadot hosts. After a lengthy, passionate smooch, " Wonder Woman " declared, "I'm sorry I feel nothing".