AstraZeneca plc (AZN) PT Set at GBX 4,900 by Jefferies Group LLC
AstraZeneca plc (LON:AZN) has been assigned a GBX 4,900 ($63.28) target price by analysts at Jefferies Group LLC in a report released on Monday. The brokerage presently has a “neutral” rating on the biopharmaceutical company’s stock. Jefferies Group LLC’s target price would suggest a potential upside of 3.82% from the company’s previous close.
Several other analysts have also commented on AZN. Deutsche Bank AG reissued a “buy” rating on shares of AstraZeneca plc in a research report on Monday, May 22nd. Shore Capital reissued a “hold” rating on shares of AstraZeneca plc in a research report on Tuesday, May 23rd. Liberum Capital reissued a “buy” rating and set a GBX 5,500 ($71.03) price target on shares of AstraZeneca plc in a research report on Tuesday, May 23rd. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 4,500 ($58.12) price target on shares of AstraZeneca plc in a research report on Tuesday, May 23rd. Finally, Goldman Sachs Group, Inc. (The) reissued a “sell” rating and set a GBX 3,900 ($50.37) price target on shares of AstraZeneca plc in a research report on Friday, May 26th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company’s stock. AstraZeneca plc presently has a consensus rating of “Hold” and a consensus target price of GBX 5,027.45 ($64.93).
Shares of AstraZeneca plc (AZN) opened at 4694.00 on Monday. The firm’s 50-day moving average is GBX 4,556.15 and its 200-day moving average is GBX 4,880.61. AstraZeneca plc has a 1-year low of GBX 3,996.00 and a 1-year high of GBX 5,520.00. The company’s market capitalization is GBX 59.43 billion.
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In other AstraZeneca plc news, insider Nazneen Rahman purchased 39 shares of the business’s stock in a transaction that occurred on Thursday, July 27th. The shares were bought at an average price of GBX 4,370 ($56.44) per share, for a total transaction of £1,704.30 ($2,201.08).
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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