Stifel Nicolaus Lowers Hikma Pharmaceuticals Plc (HIK) Price Target to GBX 1,000
Hikma Pharmaceuticals Plc (LON:HIK) had its price objective dropped by equities researchers at Stifel Nicolaus from GBX 1,320 ($17.36) to GBX 1,000 ($13.15) in a research report issued on Thursday. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 1.89% from the company’s current price.
Other equities analysts also recently issued research reports about the stock. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,560 ($20.52) price target on shares of Hikma Pharmaceuticals Plc in a report on Thursday, August 17th. Morgan Stanley downgraded shares of Hikma Pharmaceuticals Plc to an “equal weight” rating and lowered their target price for the stock from GBX 1,600 ($21.04) to GBX 1,350 ($17.76) in a report on Monday, August 21st. Jefferies Group LLC reissued a “hold” rating and issued a GBX 1,045 ($13.74) target price on shares of Hikma Pharmaceuticals Plc in a report on Thursday. Peel Hunt reissued a “hold” rating and issued a GBX 1,390 ($18.28) target price on shares of Hikma Pharmaceuticals Plc in a report on Tuesday, October 31st. Finally, Citigroup Inc. reissued a “neutral” rating and issued a GBX 1,350 ($17.76) target price on shares of Hikma Pharmaceuticals Plc in a report on Thursday, August 24th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. Hikma Pharmaceuticals Plc has an average rating of “Hold” and an average price target of GBX 1,321.91 ($17.39).
Shares of Hikma Pharmaceuticals Plc (LON:HIK) traded down GBX 17.04 ($0.22) during trading hours on Thursday, reaching GBX 981.46 ($12.91). 2,310,000 shares of the company’s stock traded hands, compared to its average volume of 823,245. Hikma Pharmaceuticals Plc has a twelve month low of GBX 934 ($12.28) and a twelve month high of GBX 2,346 ($30.86).
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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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