Peel Hunt Reiterates Hold Rating for Hikma Pharmaceuticals (HIK)
Peel Hunt reaffirmed their hold rating on shares of Hikma Pharmaceuticals (LON:HIK) in a research note issued to investors on Thursday. Peel Hunt currently has a GBX 1,390 ($19.52) price objective on the stock.
Several other equities research analysts also recently commented on HIK. JPMorgan Chase & Co. cut their target price on shares of Hikma Pharmaceuticals from GBX 1,500 ($21.06) to GBX 1,250 ($17.55) and set a neutral rating on the stock in a research report on Friday, October 6th. Jefferies Group reiterated a hold rating and set a GBX 1,045 ($14.67) target price on shares of Hikma Pharmaceuticals in a research report on Thursday, November 9th. Numis Securities upgraded shares of Hikma Pharmaceuticals to a buy rating and set a GBX 1,300 ($18.26) target price on the stock in a research report on Thursday, November 9th. Stifel Nicolaus cut their target price on shares of Hikma Pharmaceuticals from GBX 1,320 ($18.54) to GBX 1,000 ($14.04) and set a hold rating on the stock in a research report on Thursday, November 9th. Finally, lowered their price target on shares of Hikma Pharmaceuticals from GBX 1,060 ($14.89) to GBX 865 ($12.15) and set a reduce rating for the company in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 1,171 ($16.44).
Shares of Hikma Pharmaceuticals (LON:HIK) opened at GBX 942 ($13.23) on Thursday. Hikma Pharmaceuticals has a 1 year low of GBX 906.50 ($12.73) and a 1 year high of GBX 2,346 ($32.94). The company has a market cap of $2,270.00 and a P/E ratio of 1,962.50.
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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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