Teva Pharmaceutical Industries (NYSE:TEVA)‘s stock had its “sell” rating reaffirmed by research analysts at Wells Fargo & Co in a report issued on Monday.
Other equities analysts have also recently issued research reports about the company. Piper Jaffray Companies set a $16.00 price objective on Teva Pharmaceutical Industries and gave the company a “hold” rating in a report on Thursday, December 14th. Cantor Fitzgerald set a $18.00 price objective on Teva Pharmaceutical Industries and gave the company a “hold” rating in a report on Wednesday, January 3rd. Royal Bank of Canada boosted their price objective on Teva Pharmaceutical Industries from $8.00 to $13.00 and gave the company an “underperform” rating in a report on Sunday, November 5th. Leerink Swann initiated coverage on Teva Pharmaceutical Industries in a report on Tuesday, January 2nd. They issued an “underperform” rating and a $15.00 price objective for the company. Finally, ValuEngine raised Teva Pharmaceutical Industries from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 11th. Eight investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $21.32.
Teva Pharmaceutical Industries (NYSE:TEVA) traded up $0.32 during trading on Monday, hitting $21.02. The stock had a trading volume of 20,750,000 shares, compared to its average volume of 27,110,000. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.96 and a quick ratio of 0.66. The firm has a market cap of $20,960.00, a PE ratio of -3.58, a price-to-earnings-growth ratio of 1.48 and a beta of 0.54. Teva Pharmaceutical Industries has a 52-week low of $10.85 and a 52-week high of $37.94.
A number of large investors have recently bought and sold shares of TEVA. San Francisco Sentry Investment Group CA acquired a new position in shares of Teva Pharmaceutical Industries during the 2nd quarter worth approximately $106,000. Penserra Capital Management LLC acquired a new position in shares of Teva Pharmaceutical Industries during the 3rd quarter worth approximately $129,000. Fieldpoint Private Securities LLC acquired a new position in shares of Teva Pharmaceutical Industries during the 3rd quarter worth approximately $171,000. Chevy Chase Trust Holdings Inc. boosted its holdings in shares of Teva Pharmaceutical Industries by 81.5% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 12,239 shares of the company’s stock worth $215,000 after purchasing an additional 5,497 shares during the last quarter. Finally, Bank of Nova Scotia boosted its holdings in shares of Teva Pharmaceutical Industries by 8.3% during the 2nd quarter. Bank of Nova Scotia now owns 6,903 shares of the company’s stock worth $229,000 after purchasing an additional 528 shares during the last quarter. Institutional investors own 51.89% of the company’s stock.
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About Teva Pharmaceutical Industries
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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