Is Gilead Sciences, Inc. (NASDAQ:GILD) a Stock To Hold For The Long Haul?

Shaers of Gilead Sciences, Inc. (NASDAQ:GILD) have been recommended as a long term growth pick according to Beta Research.  With the firm’s stock price currently trading around $80.25, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 41.20% earnings per share growth over the past 5 years and 29.40% revenue growth over that same time frame. 

Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Gilead Sciences, Inc. (NASDAQ:GILD)’s stock was 12.02%.  Over the last week of the month, it was 7.86%, -1.13% over the last quarter, and  12.79% for the past six months. 

Over the past 50 days, Gilead Sciences, Inc.’s stock is 0.72% off of the high and 14.56% removed from the low.  Their 52-Week High and Low are as follows: -6.97% (High), 25.86%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $85.63 on the equity.   Analysts have a consensus recommendation of 2.40 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

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