Mizuho Securities analyst Vamil Divan maintained a Hold rating on Neurocrine (NASDAQ:NBIX) Biosciences on Thursday, setting a price target of 105, which is approximately 14.89% below the present share price of $123.37.
Divan expects Neurocrine Biosciences to post earnings per share (EPS) of $0.40 for the second quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Neurocrine, with an average price target of $119.
The analysts price targets range from a high of $135 to a low of $101.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $237.1 million and a net profit of $58.9 million. The company's market cap is $11.05 billion.
According to TipRanks.com, Mizuho Securities analyst Vamil Divan is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.4% and a 45.31% success rate.
Neurocrine Biosciences, Inc. operates as a product based bio-pharmaceutical company. It discovers, develops and intends to commercialize drugs for the treatment of neurological and endocrine related diseases and disorders. The company product includes INGREZZA. Neurocrine Biosciences was founded by Kevin C. Gorman and Wylie W. Vale on January 1992 and is headquartered in San Diego, CA.