Shore Capital reiterated their buy rating on shares of Shire PLC (LON:SHP) in a report published on Friday.

A number of other equities analysts have also recently commented on the stock. Bryan, Garnier & Co reiterated a buy rating and issued a GBX 6,900 ($86.23) target price on shares of Shire PLC in a research report on Monday, October 24th. J P Morgan Chase & Co reiterated an overweight rating on shares of Shire PLC in a research report on Monday, November 21st. Deutsche Bank AG reiterated a buy rating and issued a GBX 6,200 ($77.48) target price on shares of Shire PLC in a research report on Wednesday, November 2nd. Jefferies Group LLC reiterated a buy rating and issued a GBX 6,600 ($82.48) target price on shares of Shire PLC in a research report on Monday, October 31st. Finally, BNP Paribas reiterated an outperform rating and issued a GBX 5,900 ($73.73) target price on shares of Shire PLC in a research report on Thursday, October 20th. Fifteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Shire PLC currently has an average rating of Buy and a consensus price target of GBX 6,048.86 ($75.59).

Shares of Shire PLC (LON:SHP) traded up 3.79% during trading on Friday, reaching GBX 4763.00. 4,102,810 shares of the company traded hands. Shire PLC has a 12-month low of GBX 2,707.19 and a 12-month high of GBX 5,377.00. The firm’s 50 day moving average is GBX 4,576.51 and its 200-day moving average is GBX 4,788.88. The stock’s market capitalization is GBX 42.88 billion.

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The business also recently declared a dividend, which will be paid on Tuesday, April 25th. Investors of record on Thursday, March 9th will be given a dividend of GBX 20.64 ($0.26) per share. The ex-dividend date of this dividend is Thursday, March 9th. This represents a dividend yield of 0.43%. This is a boost from Shire PLC’s previous dividend of $3.51.

In related news, insider Olivier Bohuon purchased 141 shares of Shire PLC stock in a transaction that occurred on Friday, December 16th. The shares were bought at an average price of GBX 4,528 ($56.59) per share, for a total transaction of £6,384.48 ($7,978.61).

Shire PLC Company Profile

Shire plc is a biotech company. The Company, along with its subsidiaries, is engaged in developing and marketing medicines for patients with rare diseases and other select conditions. The Company operates in the segment of research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines.

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