Economy

AstraZeneca plc (AZN) Earns Overweight Rating from Barclays PLC

AstraZeneca plc (AZN) Earns Overweight Rating from Barclays PLC”

The stock of Astrazeneca Plc (NYSE:AZN) registered a decrease of 25.05% in short interest. Trading volume was down 83.97% under the stocks average daily volume.

A number of other equities research analysts have also recently issued reports on the stock. AstraZeneca PLC (AZN) has the market capitalization of 86.97 Billion. The stock decreased 1.02% or $0.55 during the last trading session, reaching $53.31.

04/10/2017 - Astrazeneca PLC was downgraded to "hold" by analysts at Jefferies. The Mckinley Capital Management Inc holds 80,662 shares with $2.75M value, down from 92,606 last quarter. Wells Fargo & Company MN boosted its position in AstraZeneca plc by 41.6% in the first quarter. The stock was bought at an average cost of GBX 4,370 ($57.97) per share, for a total transaction of £1,704.30 ($2,260.64). Morgan Stanley now owns 2,436,679 shares of the company's stock valued at $80,069,000 after buying an additional 321,682 shares during the last quarter.

The company now has an insider ownership of 0.5 Percent and Institutional ownership of 15 Percent.

AstraZeneca plc (LON:AZN) opened at 5100.00 on Thursday. Archford Capital Strategies Llc sold 49,196 shares as the company's stock rose 16.26% with the market. The stock is now moving above its 20-Day Simple Moving Average of 3.1% with a 50-Day Simple Moving Average of 10.04 percent. AstraZeneca plc has a 12-month low of $25.55 and a 12-month high of $35.04. The company was initiated on Friday, February 26 by Cantor Fitzgerald. As of the last earnings report the EPS was $1.52 and is expected to be $1.91 for the current year with 2,532,000,000 shares outstanding. The return on assets stands at 6.1%, Return on Equity now is 28.4% and the Return on Investment value is 15%. This translates into $1.25 billion profit for AZN giving the stock a 17.07 P/E. The business's revenue was down 11.6% compared to the same quarter a year ago.

For the current quarter, 3 analysts are projecting a mean EPS of $0.55/share.

Several research firms have weighed in on AZN.

Among 23 analysts covering AstraZeneca plc (ADR) (NYSE:AZN), 12 have Buy rating, 0 Sell and 11 Hold. Liberum Capital reiterated a buy rating and issued a GBX 4,800 ($63.67) price objective on shares of AstraZeneca plc in a research report on Tuesday, September 5th.

07/13/2017 - Astrazeneca PLC had its "sell" rating reiterated by analysts at Goldman Sachs. Barclays PLC began coverage on shares of AstraZeneca plc in a research report on Tuesday, March 7th. They now have a United States dollars 31 price target on the stock. The stock of AstraZeneca plc (ADR) (NYSE:AZN) has "Overweight" rating given on Friday, September 23 by Piperjaffray. The brokerage now has a GBX 6,300 ($83.57) price objective on the biopharmaceutical company's stock.

AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. They are engaged in the research, development, manufacture and marketing of ethical (prescription) pharmaceuticals and agricultural products, and the supply of healthcare services. The Firm focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.



Like this

Latest


07 October 2017
Vehicle Related To Las Vegas Mass Shooting Located By Police
The Islamic State group has claimed responsibility for the massacre, but McMahill said authorities had not uncovered "no known nexus" between the jihadist group and Paddock.

07 October 2017
Winx streaks away to win 21st straight race
There's no training manual for a horse like Winx , we've managed to get it right but she makes us get it right, ' Waller said. Her jockey Hugh Bowman described the win "as smooth sailing". 'It's a dream to be a part of this, ' Bowman told News.com .

07 October 2017
Major fire engulfs oil depot off India's Mumbai coast
According to officials, the fire broke out in two fuel storage tanks. The firefighting operation to douse the flames is still underway.

07 October 2017
Next Weeks Broker Price Targets For Noble Energy Inc. (NYSE:NBL)
Therefore 74% are positive. 08/11/2017 - Noble Energy Inc . was upgraded to "neutral" by analysts at Seaport Global Securities. The Average Earnings Estimate for the Current Fiscal quarter is $-0.04 per share, according to consensus of 29 analysts.

07 October 2017
Trump tosses paper towels into crowd of Puerto Rico hurricane survivors
Thousands of homes - majority made of wood - have been destroyed, according to the Federal Emergency Management Agency. If they're going to pick up and leave their families and come here, they're going to need help adjusting".

07 October 2017
Navios Maritime Holdings Inc. (NYSE:NM) Under Analyst Spotlight
Whatever the strategy, staying in tune with fundamentals and meaningful economic data may also prove to be highly beneficial. A certain stock may be considered to be on an uptrend if trading above a moving average and the average is sloping upward.

07 October 2017
APNewsBreak: US military halts exercises over Qatar crisis
The U.S. military holds exercises in part to build the confidence of local forces, many of which use American-made equipment. In a rebuke to the countries boycotting Qatar, the United States has suspended military exercises with its Gulf allies.

07 October 2017
Cheniere Energy, Inc. (LNG) Under Analyst Spotlight
Over a month, it has seen its stock price volatility to stay at 0.93% while shortening the period to a week, volatility was 0.9%. Tower Research Capital LLC TRC bought a new stake in shares of Cheniere Energy during the 2nd quarter valued at about $121,000.

07 October 2017
Time, live streaming and where to watch on TV
Ever since Brazil landed in Kochi , the talk has been more about the absence of their talismanic striker Vinicius. With tickets for the game sold out within no time, fans will flock to the stadium and cheer the two sides.

07 October 2017
Doctor who replaced disgraced USC medical school dean is out
The Times also reported receiving a statement from the University on October 4 defending Varma. "We carefully considered Dr. The Keck School is hosting an event Friday at noon in a location that had not been determined at time of publication.



Recommended