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PAREXEL International Corp. (NASDAQ:PRXL) Director Christopher J. Lindop unloaded 10,000 shares of PAREXEL International Corp. stock on the open market in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $49.00, for a total value of $490,000.00. Following the sale, the director now directly owns 29,593 shares of the company’s stock, valued at approximately $1,450,057. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

PRXL has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of PAREXEL International Corp. from $48.00 to $52.00 in a research note to investors on Thursday, January 30th. They now have an “overweight” rating on the stock. Separately, analysts at ISI Group upgraded shares of PAREXEL International Corp. from a “buy” rating to a “strong-buy” rating in a research note to investors on Wednesday, January 22nd. They now have a $56.00 price target on the stock, up previously from $53.00. Finally, analysts at Thomson Reuters/Verus downgraded shares of PAREXEL International Corp. from a “buy” rating to a “hold” rating in a research note to investors on Monday, January 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $51.56.

Shares of PAREXEL International Corp. (NASDAQ:PRXL) traded down 0.50% during mid-day trading on Thursday, hitting $49.53. The stock had a trading volume of 526,312 shares. PAREXEL International Corp. has a 52 week low of $33.17 and a 52 week high of $55.02. The stock has a 50-day moving average of $46.42 and a 200-day moving average of $47.21. The company has a market cap of $2.799 billion and a price-to-earnings ratio of 25.31.

PAREXEL International Corp. (NASDAQ:PRXL) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.49 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.49. The company had revenue of $487.10 million for the quarter, compared to the consensus estimate of $479.49 million. During the same quarter last year, the company posted $0.41 earnings per share. PAREXEL International Corp.’s revenue was up 15.4% compared to the same quarter last year. On average, analysts predict that PAREXEL International Corp. will post $2.05 earnings per share for the current fiscal year.

PAREXEL International Corporation (NASDAQ:PRXL) is a biopharmaceutical services company, providing a range of expertise in clinical research, medical communications, consulting, and advanced technology products and services to the worldwide pharmaceutical, biotechnology, and medical device industries.

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