AstraZeneca plc (AZN) Given a GBX 4,500 Price Target by S&P Global Analysts
AstraZeneca plc (LON:AZN) received a GBX 4,500 ($58.62) target price from S&P Global in a report released on Thursday. The brokerage currently has a “neutral” rating on the biopharmaceutical company’s stock. S&P Global’s target price would indicate a potential downside of 11.99% from the company’s current price.
AZN has been the topic of a number of other reports. Liberum Capital restated a “buy” rating and issued a GBX 5,100 ($66.44) price target on shares of AstraZeneca plc in a report on Thursday, April 27th. Barclays PLC restated an “overweight” rating and issued a GBX 6,000 ($78.17) price target on shares of AstraZeneca plc in a report on Friday, April 28th. Credit Suisse Group restated an “underperform” rating and issued a GBX 4,000 ($52.11) price target on shares of AstraZeneca plc in a report on Wednesday, April 19th. UBS AG set a GBX 5,150 ($67.09) price target on AstraZeneca plc and gave the company a “neutral” rating in a report on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 3,900 ($50.81) price target on AstraZeneca plc and gave the company a “sell” rating in a report on Saturday, May 20th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company’s stock. AstraZeneca plc currently has a consensus rating of “Hold” and an average target price of GBX 5,251.80 ($68.42).
Shares of AstraZeneca plc (LON:AZN) traded down 15.41% on Thursday, reaching GBX 4325.00. The company’s stock had a trading volume of 10,636,810 shares. The stock’s market cap is GBX 54.75 billion. The company’s 50 day moving average is GBX 5,187.89 and its 200-day moving average is GBX 4,861.95. AstraZeneca plc has a 1-year low of GBX 3,996.00 and a 1-year high of GBX 5,520.00.
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AstraZeneca plc Company Profile
AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.
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