Deutsche Bank AG Lowers Indivior PLC (INDV) Price Target to GBX 395
Indivior PLC (LON:INDV) had its price objective lowered by equities researchers at Deutsche Bank AG from GBX 400 ($5.22) to GBX 395 ($5.16) in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the specialty pharmaceutical company’s stock. Deutsche Bank AG’s price objective points to a potential upside of 25.52% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. Jefferies Group reaffirmed a “buy” rating and set a GBX 245 ($3.20) price target on shares of Indivior PLC in a research report on Monday, June 6th. Stifel Nicolaus upped their price target on shares of Indivior PLC from GBX 310 ($4.05) to GBX 350 ($4.57) and gave the company a “buy” rating in a research report on Monday, July 11th. Finally, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 340 ($4.44) price target on shares of Indivior PLC in a research report on Friday, July 29th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 345.71 ($4.51).
Indivior PLC (LON:INDV) traded down 0.0318% during trading on Tuesday, hitting GBX 313.2011. 2,989,538 shares of the stock were exchanged. The firm’s market capitalization is GBX 2256.92 billion. Indivior PLC has a 1-year low of GBX 126.60 and a 1-year high of GBX 365.00. The company has a 50-day moving average price of GBX 318.80 and a 200 day moving average price of GBX 239.46.
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Indivior PLC Company Profile
Indivior PLC (Indivior) is a specialty pharmaceutical company. The Company is engaged in the development, manufacture and sale of prescription drugs that are based on buprenorphine for treatment of opioid dependence segment. The Company’s treatment and pipeline focuses on opioid use disorder, alcohol use disorder, overdose rescue and co-morbidities of addiction/schizophrenia.
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