Hikma Pharmaceuticals Plc (HIK) Given Consensus Rating of “Hold” by Analysts
Shares of Hikma Pharmaceuticals Plc (LON:HIK) have been given an average recommendation of “Hold” by the eleven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is GBX 1,551.45 ($20.40).
A number of equities analysts have weighed in on HIK shares. Jefferies Group LLC decreased their target price on Hikma Pharmaceuticals Plc from GBX 1,450 ($19.06) to GBX 1,390 ($18.28) and set an “underweight” rating on the stock in a research note on Wednesday, June 28th. HSBC Holdings plc restated a “reduce” rating and issued a GBX 1,800 ($23.67) target price on shares of Hikma Pharmaceuticals Plc in a research note on Tuesday, July 4th. Barclays PLC restated an “overweight” rating and issued a GBX 2,200 ($28.92) target price on shares of Hikma Pharmaceuticals Plc in a research note on Monday, July 3rd. Numis Securities Ltd restated an “add” rating and issued a GBX 1,560 ($20.51) target price on shares of Hikma Pharmaceuticals Plc in a research note on Thursday, August 17th. Finally, J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 1,500 ($19.72) target price on shares of Hikma Pharmaceuticals Plc in a research note on Tuesday, June 27th.
Shares of Hikma Pharmaceuticals Plc (HIK) opened at 1170.00 on Wednesday. The company has a 50-day moving average price of GBX 1,199.19 and a 200 day moving average price of GBX 1,531.27. Hikma Pharmaceuticals Plc has a 1-year low of GBX 1,101.00 and a 1-year high of GBX 2,346.00. The firm’s market capitalization is GBX 2.81 billion.
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About Hikma Pharmaceuticals Plc
Hikma Pharmaceuticals Plc is a pharmaceutical company. The Company is focused on developing, manufacturing and marketing a range of both branded and non-branded generic and in-licensed products. The Company’s segments include Branded, Injectables, Generics and Others. It sells branded generics and in-licensed patented products across the Middle East and North Africa (MENA) region and other markets.
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