Hikma Pharmaceuticals Plc (HIK) Insider Ali Al-Husry Acquires 50,000 Shares
Hikma Pharmaceuticals Plc (LON:HIK) insider Ali Al-Husry bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 21st. The shares were purchased at an average cost of GBX 2,138 ($27.91) per share, with a total value of £1,069,000 ($1,395,379.19).
Shares of Hikma Pharmaceuticals Plc (LON:HIK) traded down 0.33% on Thursday, hitting GBX 2106.00. The stock had a trading volume of 608,842 shares. The firm’s 50-day moving average is GBX 2,234.47 and its 200-day moving average is GBX 2,234.82. Hikma Pharmaceuticals Plc has a one year low of GBX 1,575.00 and a one year high of GBX 2,703.00. The company’s market cap is GBX 4.76 billion.
A number of equities research analysts recently commented on HIK shares. Barclays PLC reaffirmed an “overweight” rating and set a GBX 2,900 ($37.85) target price on shares of Hikma Pharmaceuticals Plc in a report on Friday, September 9th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 2,660 ($34.72) target price on shares of Hikma Pharmaceuticals Plc in a report on Wednesday, August 24th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 2,550 ($33.29) target price on shares of Hikma Pharmaceuticals Plc in a report on Tuesday, August 23rd. Jefferies Group decreased their target price on Hikma Pharmaceuticals Plc from GBX 2,990 ($39.03) to GBX 2,500 ($32.63) and set a “buy” rating for the company in a report on Monday, September 12th. Finally, Citigroup Inc. downgraded Hikma Pharmaceuticals Plc to a “neutral” rating and set a GBX 2,600 ($33.94) target price for the company. in a report on Thursday, August 4th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 2,520.90 ($32.91).
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About Hikma Pharmaceuticals Plc
Hikma Pharmaceuticals Plc is a pharmaceutical company. The Company develops, manufactures and markets a range of branded and non-branded generic pharmaceutical products in solid, semi-solid, liquid and injectable final dosage forms, across the United States, the Middle East and North Africa (MENA) region and Europe.
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