Indivior PLC (INDV) Receives Consensus Recommendation of “Buy” from Brokerages
Shares of Indivior PLC (LON:INDV) have earned an average rating of “Buy” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 455.83 ($5.90).
Several research firms have recently commented on INDV. Jefferies Group LLC upped their price target on shares of Indivior PLC from GBX 490 ($6.34) to GBX 540 ($6.98) and gave the company a “buy” rating in a research report on Friday, August 11th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 490 ($6.34) price target on shares of Indivior PLC in a research report on Wednesday, May 31st. Royal Bank Of Canada raised shares of Indivior PLC to an “outperform” rating and upped their price target for the company from GBX 390 ($5.04) to GBX 470 ($6.08) in a research report on Friday, July 28th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 500 ($6.47) price target on shares of Indivior PLC in a research report on Thursday, May 4th.
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Shares of Indivior PLC (LON:INDV) traded down 0.27% during mid-day trading on Tuesday, hitting GBX 412.00. 1,385,191 shares of the company traded hands. The firm has a 50-day moving average of GBX 366.36 and a 200-day moving average of GBX 339.81. The stock’s market capitalization is GBX 2.97 billion. Indivior PLC has a one year low of GBX 266.60 and a one year high of GBX 421.50.
Indivior PLC Company Profile
Indivior PLC (Indivior) is a specialty pharmaceutical company. The Company is engaged in the development, manufacture and sale of buprenorphine-based prescription drugs for the treatment of opioid dependence (the Indivior Business). Its treatment and pipeline focus is opioid use disorder, alcohol use disorder, overdose rescue and central nervous system (CNS) disorders/schizophrenia.
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