Morgan Stanley (NYSE:MS) analyst David Risinger maintained a Hold rating on Viatris on Wednesday, setting a price target of $16, which is approximately 15.03% above the present share price of $13.91.
Risinger expects Viatris to post earnings per share (EPS) of -$1.59 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Viatris, with an average price target of $19.
The analysts price targets range from a high of $24 to a low of $15.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.62 billion and a net profit of -$809.8 million. The company's market cap is $16.79 billion.
According to TipRanks.com, Morgan Stanley analyst David Risinger is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.0% and a 44.20% success rate.
Mylan (NASDAQ:VTRS) NV is a pharmaceutical healthcare company. The firm engages in the development, license, manufacture, market and distribution of generic, branded generic and specialty pharmaceutical products. It operates through the following geographical segments: North America, Europe and Rest of World. The North America segment develops, manufactures, sells, and distributes pharmaceutical products in tablet, capsule, injectable, transdermal patch, gel, nebulized and cream, or ointment form. The Europe segment operates through subsidiaries in Italy, Germany, the United Kingdom, and Spain. The Rest of World segment comprises of operations in Japan, Australia, China, Brazil, Russia, India, South Africa, Middle East and South East Asia. The company was founded in 1961 and is headquartered in Hatfield, the United Kingdom.