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Stock analysts at UBS AG lifted their target price on shares of Jazz Pharmaceuticals Plc (NASDAQ:JAZZ) to $195.00 in a report issued on Wednesday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock. UBS AG’s target price indicates a potential upside of 11.44% from the company’s current price.

Jazz Pharmaceuticals Plc (NASDAQ:JAZZ) traded down 5.86% on Wednesday, hitting $164.72. 2,118,933 shares of the company’s stock traded hands. Jazz Pharmaceuticals Plc has a 52-week low of $50.76 and a 52-week high of $176.60. The stock’s 50-day moving average is $153.2 and its 200-day moving average is $111.9. The company has a market cap of $9.519 billion and a P/E ratio of 29.74.

Jazz Pharmaceuticals Plc (NASDAQ:JAZZ) last announced its earnings results on Tuesday, February 25th. The company reported $1.72 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.78 by $0.06. The company had revenue of $235.80 million for the quarter, compared to the consensus estimate of $238.12 million. On average, analysts predict that Jazz Pharmaceuticals Plc will post $6.37 earnings per share for the current fiscal year.

A number of other firms have also recently commented on JAZZ. Analysts at Citigroup Inc. raised their price target on shares of Jazz Pharmaceuticals Plc from $132.00 to $195.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of Jazz Pharmaceuticals Plc from $145.00 to $195.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Cantor Fitzgerald downgraded shares of Jazz Pharmaceuticals Plc from a “buy” rating to a “hold” rating in a research note on Wednesday. They now have a $182.00 price target on the stock, up previously from $170.00. Four equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $154.00.

Jazz Pharmaceuticals, Inc is a specialty pharmaceutical company focusing on the development and commercialization of pharmaceutical products to meet unmet medical needs in neurology and psychiatry.

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