Shares of Shire PLC (LON:SHP) have earned an average recommendation of “Buy” from the eighteen research firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 6,025.60 ($78.50).

Several equities research analysts recently commented on the stock. Shore Capital reiterated a “buy” rating on shares of Shire PLC in a research report on Wednesday, July 19th. Liberum Capital reiterated a “hold” rating and set a GBX 4,900 ($63.84) target price on shares of Shire PLC in a research report on Tuesday, July 18th. J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 6,000 ($78.17) target price on shares of Shire PLC in a research report on Tuesday, July 11th. BNP Paribas reiterated an “outperform” rating and set a GBX 5,900 ($76.86) target price on shares of Shire PLC in a research report on Monday, April 3rd. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 6,000 ($78.17) target price on shares of Shire PLC in a research report on Tuesday, June 27th.

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In related news, insider Dominic Blakemore acquired 152 shares of the stock in a transaction dated Friday, June 30th. The stock was bought at an average price of GBX 4,255 ($55.43) per share, for a total transaction of £6,467.60 ($8,425.74).

Shares of Shire PLC (LON SHP) traded up 2.03% during trading on Tuesday, hitting GBX 4249.00. 1,170,219 shares of the stock were exchanged. Shire PLC has a 52 week low of GBX 4,025.00 and a 52 week high of GBX 5,377.00. The firm’s market capitalization is GBX 38.42 billion. The firm has a 50 day moving average price of GBX 4,323.12 and a 200 day moving average price of GBX 4,571.30.

About Shire PLC

Shire plc is a biotech company focused on serving people with rare diseases and other specialized conditions. The Company’s segment is engaged in research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines. It focuses its development resources on projects in various therapeutic areas (TAs), including Neuroscience, Ophthalmology, Hematology, Oncology, Immunology, Gastrointestinal (GI)/Metabolic/Endocrinology Diseases.

Analyst Recommendations for Shire PLC (LON:SHP)

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