Erste Group Upgrades Amgen (AMGN) to Buy

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February 5, 2025 1:30 PM EST
Get Alerts AMGN Hot Sheet
Price: $360.45 -0.81%

Rating Summary:
    20 Buy, 18 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 60
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(Updated - February 5, 2025 1:36 PM EST)

Erste Group analyst Hans Engel upgraded Amgen (NASDAQ: AMGN) from Hold to Buy.

The analyst comments "Amgen has a higher operating margin and a higher return on equity than the sector average. Sales and operating income will continue to rise in the coming quarters. The stock is attractively valued according to the P/E ratio. It also has a comparatively high dividend yield."

For an analyst ratings summary and ratings history on Amgen click here. For more ratings news on Amgen click here.

Shares of Amgen closed at $289.02 yesterday.


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