Barclays Boosts Hikma Pharmaceuticals (LON:HIK) Price Target to GBX 1,900
Hikma Pharmaceuticals (LON:HIK) had its price target raised by Barclays from GBX 1,800 ($23.52) to GBX 1,900 ($24.83) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports. They currently have an equal weight rating on the stock.
HIK has been the subject of a number of other reports. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 1,700 ($22.21) price objective on shares of Hikma Pharmaceuticals in a report on Tuesday, June 18th. Peel Hunt restated a hold rating and issued a GBX 2,050 ($26.79) price objective (up from GBX 1,870 ($24.43)) on shares of Hikma Pharmaceuticals in a report on Friday, August 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company’s stock. Hikma Pharmaceuticals currently has a consensus rating of Hold and an average target price of GBX 1,848.57 ($24.15).
Shares of LON HIK opened at GBX 2,043 ($26.70) on Tuesday. Hikma Pharmaceuticals has a twelve month low of GBX 1,491.50 ($19.49) and a twelve month high of GBX 2,089 ($27.30). The firm has a market cap of $4.94 billion and a P/E ratio of 13.73. The company has a 50 day moving average of GBX 1,863.16 and a 200 day moving average of GBX 1,746.92. The company has a quick ratio of 0.78, a current ratio of 1.28 and a debt-to-equity ratio of 37.69.
About Hikma Pharmaceuticals
Hikma Pharmaceuticals PLC develops, manufactures, and markets a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment manufactures, markets, and sells generic injectable products for therapeutic categories, including oncology and anti-viral products to hospitals.
See Also: Return on Equity (ROE)
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