Joanne Wuensch analyst at Citigroup reiterates coverage on Penumbra (PEN) in the Healthcare sector with a Buy rating. TipRanks.com has Wuensch rated as a 4.8 star analyst with a 67% return on investment and a 9.9% success rate. Wuensch has set a price target of $ 220.
TipRanks.com reports that Penumbra currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $256.57. The target pricing ranges from a high forecast of $300.00 down to a low forecast of $220.00. Penumbra (PEN)’s last closing price was $140.38 which would put the average price target at 82.77% upside.
In addition, TradingView issued a Sell rating for PEN over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on PEN.
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One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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