Equities research analysts at Deutsche Bank assumed coverage on shares of Intercept Pharmaceuticals (NASDAQ:ICPT) in a report released on Monday. The brokerage set a “buy” rating and a $103.00 price target on the biopharmaceutical company’s stock. Deutsche Bank’s price objective would suggest a potential upside of 90.00% from the stock’s current price.
Several other research analysts have also weighed in on the company. Wedbush reaffirmed a “buy” rating and issued a $253.00 target price on shares of Intercept Pharmaceuticals in a research report on Friday, January 5th. Goldman Sachs Group lowered Intercept Pharmaceuticals from a “neutral” rating to a “sell” rating in a report on Wednesday, February 7th. Zacks Investment Research raised Intercept Pharmaceuticals from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. Laidlaw raised Intercept Pharmaceuticals from a “hold” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Wednesday, November 1st. Finally, Citigroup set a $74.00 price objective on Intercept Pharmaceuticals and gave the company a “hold” rating in a report on Thursday, December 21st. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have assigned a buy rating to the company’s stock. Intercept Pharmaceuticals presently has a consensus rating of “Hold” and an average price target of $134.71.
Intercept Pharmaceuticals (NASDAQ:ICPT) traded up $0.92 during trading hours on Monday, reaching $54.21. The company had a trading volume of 1,178,800 shares, compared to its average volume of 1,086,975. The firm has a market capitalization of $1,370.00, a price-to-earnings ratio of -3.68 and a beta of -2.13. Intercept Pharmaceuticals has a 52-week low of $51.05 and a 52-week high of $135.59. The company has a quick ratio of 5.95, a current ratio of 5.95 and a debt-to-equity ratio of 3.15.
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Intercept Pharmaceuticals Company Profile
Intercept Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of therapeutics to treat non-viral, progressive liver diseases. The Company’s product candidates have the potential to treat orphan and more prevalent diseases for which there are limited therapeutic solutions.
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