Hikma Pharmaceuticals Plc (HIK) Given New GBX 1,250 Price Target at J P Morgan Chase & Co
Hikma Pharmaceuticals Plc (LON:HIK) had its price objective reduced by J P Morgan Chase & Co from GBX 1,500 ($19.72) to GBX 1,250 ($16.43) in a report published on Friday morning. They currently have a neutral rating on the stock.
HIK has been the subject of several other reports. Jefferies Group LLC lowered their price objective on Hikma Pharmaceuticals Plc from GBX 1,450 ($19.06) to GBX 1,390 ($18.28) and set an underweight rating for the company in a research note on Wednesday, June 28th. Barclays PLC lowered their price objective on Hikma Pharmaceuticals Plc from GBX 2,200 ($28.92) to GBX 1,500 ($19.72) and set an overweight rating for the company in a research note on Friday, August 25th. Goldman Sachs Group, Inc. (The) lowered Hikma Pharmaceuticals Plc to a neutral rating and lowered their price objective for the company from GBX 2,600 ($34.18) to GBX 1,310 ($17.22) in a research note on Tuesday, August 22nd. HSBC Holdings plc lowered their price objective on Hikma Pharmaceuticals Plc from GBX 1,700 ($22.35) to GBX 1,410 ($18.54) and set a reduce rating for the company in a research note on Tuesday, June 27th. Finally, Citigroup Inc. reaffirmed a neutral rating and issued a GBX 1,550 ($20.38) price objective on shares of Hikma Pharmaceuticals Plc in a research note on Wednesday, June 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. Hikma Pharmaceuticals Plc currently has a consensus rating of Hold and a consensus target price of GBX 1,551.45 ($20.40).
Hikma Pharmaceuticals Plc (HIK) opened at 1185.00 on Friday. The stock’s market capitalization is GBX 2.84 billion. The firm has a 50-day moving average price of GBX 1,199.64 and a 200-day moving average price of GBX 1,533.74. Hikma Pharmaceuticals Plc has a 52 week low of GBX 1,101.00 and a 52 week high of GBX 2,346.00.
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Hikma Pharmaceuticals Plc Company Profile
Hikma Pharmaceuticals Plc is a pharmaceutical company. The Company is focused on developing, manufacturing and marketing a range of both branded and non-branded generic and in-licensed products. The Company’s segments include Branded, Injectables, Generics and Others. It sells branded generics and in-licensed patented products across the Middle East and North Africa (MENA) region and other markets.
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