Royal Bank of Canada set a $13.00 target price on Teva Pharmaceutical Industries (NYSE:TEVA) in a research note issued to investors on Friday. The firm currently has a sell rating on the stock.

Several other analysts have also recently issued reports on TEVA. Piper Jaffray Companies set a $16.00 target price on Teva Pharmaceutical Industries and gave the stock a hold rating in a research report on Thursday. BTIG Research raised their price target on Teva Pharmaceutical Industries to $20.00 in a report on Friday. Cantor Fitzgerald set a $10.00 price target on Teva Pharmaceutical Industries and gave the company a hold rating in a report on Thursday. Guggenheim assumed coverage on Teva Pharmaceutical Industries in a report on Tuesday, December 12th. They set a neutral rating and a $16.00 price target for the company. Finally, Oppenheimer restated a hold rating on shares of Teva Pharmaceutical Industries in a report on Thursday. Five research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $20.65.

Shares of Teva Pharmaceutical Industries (NYSE:TEVA) opened at $18.61 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.66 and a current ratio of 0.96. Teva Pharmaceutical Industries has a 1 year low of $10.85 and a 1 year high of $38.31. The stock has a market capitalization of $18,907.76, a PE ratio of 4.30 and a beta of 0.55.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 28th were paid a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend was Monday, November 27th. Teva Pharmaceutical Industries’s payout ratio is -12.10%.

Several large investors have recently bought and sold shares of the company. Fieldpoint Private Securities LLC bought a new stake in shares of Teva Pharmaceutical Industries in the 3rd quarter valued at approximately $171,000. Arthur Zaske & Associates LLC bought a new stake in shares of Teva Pharmaceutical Industries in the 3rd quarter valued at approximately $372,000. Sterling Capital Management LLC bought a new stake in shares of Teva Pharmaceutical Industries in the 3rd quarter valued at approximately $263,000. Point72 Asset Management L.P. bought a new stake in shares of Teva Pharmaceutical Industries in the 3rd quarter valued at approximately $2,200,000. Finally, Chevy Chase Trust Holdings Inc. lifted its stake in shares of Teva Pharmaceutical Industries by 81.5% in the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 12,239 shares of the company’s stock valued at $215,000 after purchasing an additional 5,497 shares during the last quarter. 52.05% of the stock is owned by institutional investors and hedge funds.

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Teva Pharmaceutical Industries Company Profile

Teva Pharmaceutical Industries Limited is a pharmaceutical company. The Company is engaged in developing, producing and marketing generic medicines and a portfolio of specialty medicines. The Company operates through two segments: Generic medicines and Specialty medicines. The Company develops, manufactures and sells generic medicines in a range of dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments and creams.

Analyst Recommendations for Teva Pharmaceutical Industries (NYSE:TEVA)

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