Intercept Pharmaceuticals (ICPT) Stock Rating Lowered by Goldman Sachs Group
Goldman Sachs Group downgraded shares of Intercept Pharmaceuticals (NASDAQ:ICPT) from a neutral rating to a sell rating in a report issued on Wednesday, Marketbeat Ratings reports.
Other analysts also recently issued research reports about the company. Wedbush reaffirmed a buy rating and set a $253.00 price objective on shares of Intercept Pharmaceuticals in a research note on Friday, December 22nd. Cowen reaffirmed a buy rating and set a $112.00 price objective on shares of Intercept Pharmaceuticals in a research note on Wednesday, November 1st. Oppenheimer reaffirmed a hold rating on shares of Intercept Pharmaceuticals in a research note on Tuesday, October 24th. Needham & Company LLC reaffirmed a hold rating on shares of Intercept Pharmaceuticals in a research note on Wednesday, November 1st. Finally, Citigroup set a $74.00 price objective on Intercept Pharmaceuticals and gave the stock a hold rating in a research note on Thursday, December 21st. Five investment analysts have rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $134.86.
Intercept Pharmaceuticals (NASDAQ ICPT) opened at $54.21 on Wednesday. The stock has a market capitalization of $1,337.69, a price-to-earnings ratio of -3.66 and a beta of -2.13. Intercept Pharmaceuticals has a 12-month low of $51.05 and a 12-month high of $135.59. The company has a debt-to-equity ratio of 3.15, a current ratio of 5.95 and a quick ratio of 5.95.
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Intercept Pharmaceuticals Company Profile
Intercept Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of therapeutics to treat non-viral, progressive liver diseases. The Company’s product candidates have the potential to treat orphan and more prevalent diseases for which there are limited therapeutic solutions.
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