Health Care

Jefferies Group LLC Reaffirms Hold Rating for Hikma Pharmaceuticals Plc (HIK)

Jefferies Group LLC Reaffirms Hold Rating for Hikma Pharmaceuticals Plc (HIK)”

Finally, Citigroup Inc. reiterated a "neutral" rating and set a GBX 1,350 ($17.76) price target on shares of Hikma Pharmaceuticals Plc in a research report on Thursday, August 24th. They have a TP of GBX 1300.00 on HIK. Its up 1.53% from 19,600 shares previously. Hikma Pharmaceuticals Plc (LON:HIK) has 0.00% since November 9, 2016 and is. It has underperformed by 107.26% the S&P500. Hikma Pharmaceuticals Plc has a 52 week low of GBX 1,022 ($13.44) and a 52 week high of GBX 2,346 ($30.86). The company has market cap of 2.39 billion GBP. The Firm is focused on developing, manufacturing and marketing a range of both branded and non-branded generic and in-licensed products. It has a 18.8 P/E ratio. The Company's divisions include Wetpaint, which is a media channel reporting original news stories and publishing information content covering television shows, music, celebrities, entertainment news and fashion; Choose Digital, which is a business-to-business platform for delivering digital content; DDGG, which is a business-to-business operator of daily fantasy sports, and Other.

Stifel bumped down the target of Hikma Pharmaceuticals PLC (LON:HIK) to 1,000.00GBX stating a potential upside of 0.04%. Therefore 47% are positive. The company now has an average rating of "Hold" and a consensus target price of GBX 1,429.64 ($18.80).

Hikma Pharmaceuticals Plc is in dispute with the Food and Drug Administration over plans to launch a generic copy of GlaxoSmithKline's popular lung drug Advair in the U.S, the drugmaker said on Thursday, when trimming 2017 revenue guidance for its generics business for a third time.

Hikma's lower guidance in May followed a decision by US regulators not to approve its generic version of GlaxoSmithKline Plc's blockbuster lung drug Advair, citing "major" issues with the application. The rating was maintained by Shore Capital on Wednesday, August 19 with "Hold". Numis Securities maintained it with "Add" rating and GBX 2350 target in Thursday, March 30 report. The rating was maintained by J.P. Morgan with "Overweight" on Wednesday, February 10. On Friday, September 23 the stock rating was maintained by JP Morgan with "Overweight". JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 2,550 ($32.40) target price on shares of Hikma Pharmaceuticals Plc in a research note on Tuesday, August 16th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The stock was bought at an average price of GBX 1,662 ($21.12) per share, for a total transaction of £831,000 ($1,055,774.36). Wedbush initiated M&T Bank Corporation (NYSE:MTB) on Friday, October 7 with "Neutral" rating. The stock's market capitalization is GBX 3.82 billion. The company was downgraded on Wednesday, January 11 by UBS.

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