BeiGene Ltd (NASDAQ: BGNE) stock enjoyed a major increase of 12.1% on 2/27/24. The shares closed at $179.69. Moreover, trading volume in this advance was unusually high at 163% of normal. The stock has been weak relative to the market over the last nine months but has risen 21.2% during the last week.
Current PriceTarget Research Rating
BGNE is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
BeiGene has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BeiGene has a slightly negative Power Rating of 37 and a poor Appreciation Score of 17, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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