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Genmab A/S (GMAB) Stock Forecast & Price Target

Genmab A/S logo
$20.47 +0.02 (+0.10%)
(As of 11/21/2024 ET)

Genmab A/S - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
2
Buy
7

Based on 10 Wall Street analysts who have issued ratings for Genmab A/S in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 1 has given a sell rating, 2 have given a hold rating, and 7 have given a buy rating for GMAB.

Consensus Price Target

$45.20
120.81% Upside
According to the 10 analysts' twelve-month price targets for Genmab A/S, the average price target is $45.20. The highest price target for GMAB is $50.00, while the lowest price target for GMAB is $31.00. The average price target represents a forecasted upside of 120.81% from the current price of $20.47.
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GMAB Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$45.20$45.20$49.50$46.25
Forecasted Upside120.81% Upside98.86% Upside81.05% Upside46.59% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Hold

GMAB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GMAB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Genmab A/S Stock vs. The Competition

TypeGenmab A/SMedical CompaniesS&P 500
Consensus Rating Score
2.60
2.80
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside120.81% Upside26,390.75% Upside8.55% Upside
News Sentiment Rating
Positive News

See Recent GMAB News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/8/2024BMO Capital Markets
4 of 5 stars
 Reiterated RatingOutperform ➝ Outperform$46.00 ➝ $48.00+110.25%
10/16/2024HC Wainwright
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$50.00 ➝ $50.00+115.70%
10/8/2024Redburn Atlantic
0 of 5 stars
Q. Ding
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Initiated CoverageBuy
9/11/2024Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$31.00 ➝ $31.00+15.63%
9/9/2024Truist Financial
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 Lower TargetBuy ➝ Buy$53.00 ➝ $50.00+82.55%
8/20/2024JPMorgan Chase & Co.
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 Reiterated RatingOverweight ➝ Neutral
7/15/2024Royal Bank of Canada
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A. Campbell
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UpgradeSector Perform ➝ Outperform
6/27/2024BTIG Research
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 Boost TargetBuy ➝ Buy$46.00 ➝ $47.00+83.09%
1/22/2024Citigroup
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 DowngradeNeutral ➝ Sell
12/6/2023UBS Group
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 UpgradeNeutral ➝ Buy
11/10/2023Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy
11/8/2023DNB Markets
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 UpgradeSell ➝ Buy
10/18/2023BNP Paribas
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 Initiated CoverageUnderperform
10/12/2023Nordea Equity Research
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 DowngradeBuy ➝ Hold
7/14/2023HSBC
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 Initiated CoverageBuy
2/23/2023Danske
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 UpgradeHold ➝ Buy
2/6/2023Leerink Partners
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 Boost TargetMarket Perform$33.00 ➝ $36.00-5.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:50 AM ET.


Should I Buy Genmab A/S Stock? GMAB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 31, 2024. Please send any questions or comments about these Genmab A/S pros and cons to contact@marketbeat.com.

Genmab A/S
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Genmab A/S:

  • Genmab A/S has shown resilience in the market with a stable 50-day moving average price of $27.19, indicating consistent performance in the short term.
  • The company has a strong market capitalization of $18.16 billion, reflecting its size and stability in the industry.
  • Genmab A/S has a low P/E ratio of 22.88, suggesting that the stock may be undervalued compared to its earnings potential.
  • Analysts predict a positive EPS of 1.21 for the current year, indicating potential growth and profitability for investors.
  • Genmab A/S has a diverse portfolio of antibody therapeutics for cancer and other diseases, offering potential for significant advancements in healthcare.

Genmab A/S
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Genmab A/S for these reasons:

  • Genmab A/S stock has experienced a decline in its 12-month high from $38.80 to $27.46, indicating potential volatility and downside risk.
  • The company reported earnings per share (EPS) below analysts' estimates, which may raise concerns about its ability to meet financial expectations.
  • Genmab A/S has a beta of 0.99, suggesting that the stock's price movements are closely linked to the overall market, potentially leading to higher volatility.
  • Despite positive ratings from analysts, there are sell ratings on the stock, indicating differing opinions on its future performance.
  • Investors should consider the competitive landscape in the biopharmaceutical industry, which may impact Genmab A/S' market position and growth prospects.

GMAB Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Genmab A/S is $45.20, with a high forecast of $50.00 and a low forecast of $31.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genmab A/S in the last year. There is currently 1 sell rating, 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GMAB shares.

According to analysts, Genmab A/S's stock has a predicted upside of 120.81% based on their 12-month stock forecasts.

Genmab A/S has been rated by research analysts at BMO Capital Markets, HC Wainwright, Morgan Stanley, Redburn Atlantic, and Truist Financial in the past 90 days.

Analysts like Genmab A/S less than other "medical" companies. The consensus rating score for Genmab A/S is 2.60 while the average consensus rating score for "medical" companies is 2.80. Learn more on how GMAB compares to other companies.


This page (NASDAQ:GMAB) was last updated on 11/22/2024 by MarketBeat.com Staff
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