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Shire PLC (NASDAQ:SHPGY) has earned an average recommendation of “Buy” from the nine analysts that are presently covering the stock, American Banking News reports. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $260.00.

A number of analysts have recently weighed in on SHPGY shares. Analysts at Shore Capital reiterated a “buy” rating on shares of Shire PLC in a research note on Wednesday. Separately, analysts at Cowen and Company reiterated an “outperform” rating on shares of Shire PLC in a research note on Wednesday. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Shire PLC in a research note on Wednesday.

Shire plc (NASDAQ:SHPGY) is a specialty biopharmaceutical company that focuses on meeting the needs of the specialist physician.

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