Share on StockTwits

Shares of Grifols SA, Barcelona (NASDAQ:GRFS) saw a large decline in short interest in June. As of June 30th, there was short interest totalling 800,939 shares, a decline of 25.0% from the June 13th total of 1,067,280 shares, Stock Ratings Network.com reports. Based on an average daily volume of 657,802 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are sold short.

A number of analysts have recently weighed in on GRFS shares. Analysts at TheStreet upgraded shares of Grifols SA, Barcelona from a “hold” rating to a “buy” rating in a research note on Tuesday, July 8th. Separately, analysts at Zacks downgraded shares of Grifols SA, Barcelona from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 11th. They now have a $49.40 price target on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Grifols SA, Barcelona in a research note on Thursday, June 5th. They now have a $48.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. Grifols SA, Barcelona presently has a consensus rating of “Hold” and a consensus price target of $48.70.

Shares of Grifols SA, Barcelona (NASDAQ:GRFS) opened at 40.95 on Tuesday. Grifols SA, Barcelona has a one year low of $28.57 and a one year high of $46.66. The stock’s 50-day moving average is $43.41 and its 200-day moving average is $41.02. The company has a market cap of $28.155 billion and a price-to-earnings ratio of 55.62.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.