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Shares of Quintiles Transnational Holdings (NYSE:Q) have been given an average recommendation of “Buy” by the twelve ratings firms that are covering the stock, AnalystRatings.Net reports. Four investment analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $55.42.

Shares of Quintiles Transnational Holdings (NYSE:Q) traded down 0.36% during mid-day trading on Monday, hitting $55.01. The stock had a trading volume of 41,851 shares. Quintiles Transnational Holdings has a one year low of $40.10 and a one year high of $55.68. The stock has a 50-day moving average of $53.23 and a 200-day moving average of $50.82. The company has a market cap of $7.159 billion and a price-to-earnings ratio of 27.06.

Quintiles Transnational Holdings (NYSE:Q) last released its earnings data on Friday, May 2nd. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.55 by $0.13. The company had revenue of $1,000.00 million for the quarter, compared to the consensus estimate of $1.02 billion. The company’s quarterly revenue was up 8.4% on a year-over-year basis. On average, analysts predict that Quintiles Transnational Holdings will post $2.55 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at SunTrust initiated coverage on shares of Quintiles Transnational Holdings in a research note on Tuesday, June 24th. They set a “neutral” rating and a $56.00 price target on the stock. Separately, analysts at Jefferies Group initiated coverage on shares of Quintiles Transnational Holdings in a research note on Wednesday, June 4th. They set a “hold” rating and a $54.00 price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Quintiles Transnational Holdings in a research note on Tuesday, May 6th. They now have a $56.00 price target on the stock, down previously from $60.00.

Quintiles Transnational Holdings Inc is a provider of biopharmaceutical development services and commercial outsourcing services.

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