Stifel Nicolaus Lowers Hikma Pharmaceuticals Plc (HIK) to Hold
Hikma Pharmaceuticals Plc (LON:HIK) was downgraded by analysts at Stifel Nicolaus to a “hold” rating in a research note issued to investors on Tuesday. They presently have a GBX 1,320 ($17.07) price target on the stock, down from their prior price target of GBX 2,300 ($29.75). Stifel Nicolaus’ target price points to a potential upside of 2.48% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 1,500 ($19.40) target price (down previously from GBX 1,800 ($23.28)) on shares of Hikma Pharmaceuticals Plc in a research note on Monday, May 22nd. Goldman Sachs Group, Inc. (The) lowered Hikma Pharmaceuticals Plc to a “neutral” rating and cut their target price for the company from GBX 2,600 ($33.63) to GBX 1,310 ($16.94) in a research note on Tuesday, August 22nd. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,560 ($20.18) price target on shares of Hikma Pharmaceuticals Plc in a research report on Thursday, August 17th. HSBC Holdings plc dropped their price target on Hikma Pharmaceuticals Plc from GBX 1,700 ($21.99) to GBX 1,410 ($18.24) and set a “reduce” rating on the stock in a research report on Tuesday, June 27th. Finally, Jefferies Group LLC reaffirmed an “underperform” rating and set a GBX 1,450 ($18.75) price target on shares of Hikma Pharmaceuticals Plc in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,574.18 ($20.36).
Shares of Hikma Pharmaceuticals Plc (LON:HIK) opened at 1294.00 on Tuesday. Hikma Pharmaceuticals Plc has a 12 month low of GBX 1,101.00 and a 12 month high of GBX 2,346.00. The stock’s market cap is GBX 3.11 billion. The company has a 50 day moving average price of GBX 1,345.28 and a 200-day moving average price of GBX 1,733.12.
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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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