Hutchison China MediTech Limited (HCM) Stock Rating Reaffirmed by Beaufort Securities
Hutchison China MediTech Limited (LON:HCM)‘s stock had its “buy” rating reiterated by analysts at Beaufort Securities in a report issued on Wednesday.
Separately, Panmure Gordon reiterated a “buy” rating and issued a GBX 2,630 ($32.87) target price on shares of Hutchison China MediTech Limited in a report on Wednesday, February 1st.
Hutchison China MediTech Limited (LON:HCM) opened at 2165.00 on Wednesday. The company’s 50-day moving average is GBX 2,212.77 and its 200-day moving average is GBX 2,001.12. The firm’s market capitalization is GBX 1.31 billion. Hutchison China MediTech Limited has a one year low of GBX 1,612.50 and a one year high of GBX 2,470.00.
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In related news, insider Michael Howell sold 3,000 shares of the stock in a transaction on Monday, November 21st. The stock was sold at an average price of GBX 1,890 ($23.62), for a total value of £56,700 ($70,857.29).
Hutchison China MediTech Limited Company Profile
Hutchison China MediTech Limited (Chi-Med) is a China-based, globally-focused healthcare group. The Company researches, develops, manufactures and sells pharmaceuticals and health-related consumer products. Its Innovation Platform focuses on discovering and developing therapeutics in oncology and autoimmune diseases for the global market.
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