AstraZeneca plc (AZN) Stock Rating Reaffirmed by Shore Capital
Shore Capital reaffirmed their hold rating on shares of AstraZeneca plc (LON:AZN) in a report issued on Tuesday, MarketBeat Ratings reports.
A number of other equities research analysts have also recently weighed in on the company. Jefferies Group LLC dropped their price target on AstraZeneca plc from GBX 4,400 ($56.91) to GBX 4,350 ($56.26) and set a hold rating for the company in a report on Thursday, August 24th. Liberum Capital reaffirmed a buy rating and set a GBX 4,800 ($62.08) price target on shares of AstraZeneca plc in a report on Monday, August 21st. Goldman Sachs Group, Inc. (The) set a GBX 3,900 ($50.44) price target on AstraZeneca plc and gave the company a sell rating in a report on Friday, August 18th. J P Morgan Chase & Co set a GBX 4,200 ($54.32) price target on AstraZeneca plc and gave the company a neutral rating in a report on Wednesday, August 9th. Finally, Investec raised AstraZeneca plc from a hold rating to a buy rating and dropped their price target for the company from GBX 5,000 ($64.67) to GBX 4,900 ($63.37) in a report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 4,892.19 ($63.27).
AstraZeneca plc (AZN) opened at 4592.50 on Tuesday. AstraZeneca plc has a 12 month low of GBX 3,996.00 and a 12 month high of GBX 5,520.00. The firm’s market cap is GBX 58.14 billion. The firm’s 50-day moving average price is GBX 4,644.61 and its 200-day moving average price is GBX 4,870.16.
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The firm also recently announced a dividend, which will be paid on Monday, September 11th. Shareholders of record on Thursday, August 10th will be issued a dividend of GBX 68.90 ($0.89) per share. The ex-dividend date is Thursday, August 10th. This represents a yield of 1.35%.
In other news, insider Nazneen Rahman purchased 39 shares of the business’s stock in a transaction dated Thursday, July 27th. The shares were bought at an average cost of GBX 4,370 ($56.52) per share, for a total transaction of £1,704.30 ($2,204.22).
AstraZeneca plc Company Profile
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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