Quantcast
Channel: Wayne Rhoads – Zolmax
Viewing all articles
Browse latest Browse all 193599

Shire Plc. PT Raised to $127.00 at Deutsche Bank (SHPG)

$
0
0

Shire Plc. logoStock analysts at Deutsche Bank hoisted their price target on shares of Shire Plc. (NASDAQ:SHPG) from $123.00 to $127.00 in a report issued on Monday, American Banking News reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 2.81% from the stock’s previous close.

Shire Plc. (NASDAQ:SHPG) traded down 2.63% during mid-day trading on Monday, hitting $120.28. 227,070 shares of the company’s stock traded hands. Shire Plc. has a 52-week low of $81.76 and a 52-week high of $124.96. The stock’s 50-day moving average is $114.2 and its 200-day moving average is $100.0. The company has a market cap of $22.035 billion and a price-to-earnings ratio of 39.03.

Shire Plc. (NASDAQ:SHPG) last posted its quarterly earnings results on Thursday, July 25th. The company reported $1.79 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.60 by $0.19. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the company posted $1.68 earnings per share. Shire Plc.’s revenue was up 5.5% compared to the same quarter last year. Analysts expect that Shire Plc. will post $6.85 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at SunTrust reiterated a “buy” rating on shares of Shire Plc. (NASDAQ:SHPG) in a research note to investors on Monday, September 16th. They now have a $125.00 price target on the stock. Separately, analysts at CRT Capital raised their price target on shares of Shire Plc. (NASDAQ:SHPG) from $120.00 to $135.00 in a research note to investors on Monday, September 16th. They now have a “buy” rating on the stock. Finally, analysts at Sanford C. Bernstein initiated coverage on shares of Shire Plc. (NASDAQ:SHPG) in a research note to investors on Tuesday, September 3rd. They set an “outperform” rating on the stock.

Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Shire Plc. has an average rating of “Buy” and a consensus price target of $122.17.

Shire plc (NASDAQ:SHPG) is a specialty biopharmaceutical company that focuses on meeting the needs of the specialist physician.


Viewing all articles
Browse latest Browse all 193599

Trending Articles