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Perrigo Company PLC (NASDAQ:PRGO)‘s stock had its “buy” rating reiterated by investment analysts at Stifel Nicolaus in a note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a $160.00 target price on the stock, down from their previous target price of $175.00. Stifel Nicolaus’ target price points to a potential upside of 22.56% from the stock’s previous close.

A number of other firms have also recently commented on PRGO. Analysts at Zacks reiterated a “neutral” rating on shares of Perrigo Company PLC in a research note on Thursday. They now have a $137.00 price target on the stock. Separately, analysts at B. Riley cut their price target on shares of Perrigo Company PLC from $170.00 to $157.00 in a research note on Thursday. They now have a “neutral” rating on the stock. Finally, analysts at Buckingham Research downgraded shares of Perrigo Company PLC from a “buy” rating to a “neutral” rating in a research note on Thursday. They now have a $140.00 price target on the stock, down previously from $187.00. One analyst has rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the company. Perrigo Company PLC presently has an average rating of “Buy” and a consensus price target of $159.91.

Shares of Perrigo Company PLC (NASDAQ:PRGO) traded down 3.77% on Thursday, hitting $125.63. The stock had a trading volume of 2,633,954 shares. Perrigo Company PLC has a 52-week low of $112.05 and a 52-week high of $168.39. The stock’s 50-day moving average is $149.2 and its 200-day moving average is $152.1. The company has a market cap of $16.803 billion and a price-to-earnings ratio of 48.82.

Perrigo Company PLC (NASDAQ:PRGO) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by $0.20. The company had revenue of $1,000.00 million for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company posted $1.42 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. Analysts expect that Perrigo Company PLC will post $6.54 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, June 17th. Investors of record on Friday, May 30th will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.32%. The ex-dividend date is Wednesday, May 28th.

Perrigo Company plc is a global healthcare supplier that develops, manufactures and distributes over-the-counter (NASDAQ:PRGO) and generic prescription (Rx) pharmaceuticals, infant formulas, nutritional products, animal health, dietary supplements, active pharmaceutical ingredients (API), and medical diagnostic products, and Multiple Sclerosis drug Tysabri.

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