AstraZeneca plc (AZN) Given Consensus Recommendation of “Hold” by Analysts
Shares of AstraZeneca plc (LON:AZN) have earned an average rating of “Hold” from the twenty-one ratings firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 4,832.56 ($62.74).
Several research firms recently issued reports on AZN. Liberum Capital restated a “buy” rating and set a GBX 5,100 ($66.21) price target on shares of AstraZeneca plc in a research report on Thursday, April 27th. Barclays PLC restated an “overweight” rating and set a GBX 6,000 ($77.89) price target on shares of AstraZeneca plc in a research report on Friday, April 28th. Credit Suisse Group restated an “underperform” rating and set a GBX 4,000 ($51.93) price target on shares of AstraZeneca plc in a research report on Wednesday, April 19th. UBS AG set a GBX 5,150 ($66.86) price target on AstraZeneca plc and gave the stock a “neutral” rating in a research report on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) set a GBX 3,900 ($50.63) price target on AstraZeneca plc and gave the stock a “sell” rating in a research report on Saturday, May 20th.
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AstraZeneca plc (LON:AZN) opened at 4434.00 on Tuesday. The firm’s market capitalization is GBX 56.13 billion. The company has a 50 day moving average price of GBX 4,902.15 and a 200-day moving average price of GBX 4,866.23. AstraZeneca plc has a 1-year low of GBX 3,996.00 and a 1-year high of GBX 5,520.00.
The business also recently disclosed a dividend, which will be paid on Monday, September 11th. Shareholders of record on Thursday, August 10th will be paid a dividend of GBX 68.90 ($0.89) per share. This represents a yield of 1.35%. The ex-dividend date is Thursday, August 10th.
In related news, insider Nazneen Rahman acquired 39 shares of the stock in a transaction on Thursday, July 27th. The stock was acquired at an average price of GBX 4,370 ($56.73) per share, for a total transaction of £1,704.30 ($2,212.51).
About AstraZeneca plc
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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