Shares of Horizon Pharma PLC (NASDAQ:HZNP) have earned a consensus recommendation of “Buy” from the fifteen brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $19.18.
Several equities analysts recently issued reports on HZNP shares. Mizuho upgraded Horizon Pharma from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $12.00 to $18.00 in a research report on Friday, January 12th. Jefferies Group boosted their price objective on Horizon Pharma from $16.00 to $21.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Stifel Nicolaus reiterated a “buy” rating and issued a $20.00 price objective on shares of Horizon Pharma in a research report on Sunday, October 22nd. ValuEngine upgraded Horizon Pharma from a “hold” rating to a “buy” rating in a research report on Monday, October 16th. Finally, Cantor Fitzgerald set a $17.00 price objective on Horizon Pharma and gave the company a “buy” rating in a research report on Friday, December 1st.
Shares of Horizon Pharma (HZNP) traded up $0.29 on Tuesday, hitting $14.05. The company had a trading volume of 1,083,900 shares, compared to its average volume of 1,740,629. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.64 and a quick ratio of 1.52. Horizon Pharma has a 1-year low of $9.45 and a 1-year high of $17.69. The firm has a market cap of $2,300.00, a price-to-earnings ratio of -4.62, a PEG ratio of 0.64 and a beta of 1.35.
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About Horizon Pharma
Horizon Pharma Public Limited Company is a biopharmaceutical company. The Company is focused on identifying, developing, acquiring and commercializing differentiated and accessible medicines that address unmet medical needs. As of December 31, 2016, the Company marketed 11 medicines through its orphan, rheumatology and primary care business units.
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