AstraZeneca plc (LON:AZN) had its price objective trimmed by Credit Suisse Group from GBX 5,000 ($65.95) to GBX 4,700 ($62.00) in a research report report published on Friday, Marketbeat.com reports. The brokerage currently has a neutral rating on the biopharmaceutical company’s stock.

AZN has been the topic of several other reports. Morgan Stanley restated an overweight rating and issued a GBX 5,600 ($73.87) price target on shares of AstraZeneca plc in a research report on Friday, June 23rd. Deutsche Bank AG restated a buy rating on shares of AstraZeneca plc in a research report on Monday, May 22nd. Shore Capital restated a sell rating on shares of AstraZeneca plc in a research report on Thursday, May 4th. Beaufort Securities restated a hold rating on shares of AstraZeneca plc in a research report on Monday, April 3rd. Finally, Barclays PLC restated an overweight rating and issued a GBX 6,000 ($79.15) price target on shares of AstraZeneca plc in a research report on Monday, June 5th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the stock. AstraZeneca plc currently has a consensus rating of Hold and an average price target of GBX 5,046.95 ($66.57).

Shares of AstraZeneca plc (LON AZN) opened at 4571.00 on Friday. The stock’s market capitalization is GBX 57.87 billion. AstraZeneca plc has a one year low of GBX 3,996.00 and a one year high of GBX 5,520.00. The stock’s 50 day moving average price is GBX 5,140.37 and its 200 day moving average price is GBX 4,864.62.

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The business also recently announced a dividend, which will be paid on Monday, September 11th. Investors of record on Thursday, August 10th will be given a GBX 68.90 ($0.91) dividend. This represents a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, August 10th.

In related news, insider Nazneen Rahman bought 39 shares of the stock in a transaction that occurred on Thursday, July 27th. The shares were acquired at an average price of GBX 4,370 ($57.64) per share, with a total value of £1,704.30 ($2,248.12).

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.

Analyst Recommendations for AstraZeneca plc (LON:AZN)

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