Teva Pharmaceutical Industries (TEVA) Stock Rating Reaffirmed by Wells Fargo & Company
Teva Pharmaceutical Industries (NYSE:TEVA)‘s stock had its “hold” rating reissued by stock analysts at Wells Fargo & Company in a report issued on Thursday.
Other equities analysts also recently issued research reports about the company. BTIG Research raised Teva Pharmaceutical Industries from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Monday, September 11th. Gabelli reissued a “buy” rating on shares of Teva Pharmaceutical Industries in a research report on Wednesday, September 13th. ValuEngine raised Teva Pharmaceutical Industries from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Evercore ISI set a $38.00 target price on Teva Pharmaceutical Industries and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, TheStreet downgraded Teva Pharmaceutical Industries from a “c-” rating to a “d+” rating in a research report on Friday, August 25th. Seven equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $19.34.
Teva Pharmaceutical Industries (NYSE TEVA) traded down $0.82 during midday trading on Thursday, hitting $15.70. The stock had a trading volume of 30,494,500 shares, compared to its average volume of 15,888,267. The company has a market cap of $16,784.32, a P/E ratio of 3.82 and a beta of 0.55. The company has a current ratio of 0.96, a quick ratio of 0.66 and a debt-to-equity ratio of 1.20. Teva Pharmaceutical Industries has a 52-week low of $10.85 and a 52-week high of $38.31.
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Teva Pharmaceutical Industries Company Profile
Teva Pharmaceutical Industries Limited is a pharmaceutical company. The Company is engaged in developing, producing and marketing generic medicines and a portfolio of specialty medicines. The Company operates through two segments: Generic medicines and Specialty medicines. The Company develops, manufactures and sells generic medicines in a range of dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments and creams.
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