AstraZeneca (LON:AZN)‘s stock had its “overweight” rating reissued by equities research analysts at JPMorgan Chase & Co. in a report issued on Thursday, January 18th. They presently have a GBX 5,500 ($77.12) price target on the biopharmaceutical company’s stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 15.30% from the company’s current price.
Other equities analysts have also issued reports about the stock. Deutsche Bank reaffirmed a “buy” rating and set a GBX 5,600 ($78.52) target price on shares of AstraZeneca in a research report on Wednesday, October 11th. Sanford C. Bernstein set a GBX 5,780 ($81.04) target price on shares of AstraZeneca and gave the stock a “buy” rating in a research report on Monday, September 25th. Societe Generale reaffirmed a “buy” rating on shares of AstraZeneca in a research report on Thursday, September 21st. BNP Paribas set a GBX 5,800 ($81.32) target price on shares of AstraZeneca and gave the stock a “buy” rating in a research report on Monday, September 25th. Finally, Kepler Capital Markets raised their target price on shares of AstraZeneca from GBX 5,200 ($72.91) to GBX 5,250 ($73.61) and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Four analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 5,211.65 ($73.07).
AstraZeneca (LON AZN) traded down GBX 75 ($1.05) during trading on Thursday, reaching GBX 4,770 ($66.88). 4,070,758 shares of the company were exchanged, compared to its average volume of 1,980,000. The stock has a market cap of $60,260.00 and a price-to-earnings ratio of 2,805.88. AstraZeneca has a 12 month low of GBX 4,260 ($59.73) and a 12 month high of GBX 5,520 ($77.40).
In other news, insider Philip A. J. Broadley bought 415 shares of the stock in a transaction on Friday, February 2nd. The stock was bought at an average cost of GBX 4,846 ($67.95) per share, for a total transaction of £20,110.90 ($28,198.12).
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AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.
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