BidaskClub upgraded shares of Mylan N.V. (NASDAQ:MYL) from a hold rating to a buy rating in a research report released on Friday.

MYL has been the topic of several other research reports. Zacks Investment Research upgraded shares of Mylan N.V. from a sell rating to a hold rating in a report on Tuesday, August 1st. Mizuho reiterated a buy rating and issued a $37.00 price target on shares of Mylan N.V. in a report on Tuesday, October 24th. Royal Bank Of Canada set a $41.00 price target on shares of Mylan N.V. and gave the company a hold rating in a report on Sunday, July 16th. J P Morgan Chase & Co reissued an overweight rating and set a $48.00 price objective (up previously from $44.00) on shares of Mylan N.V. in a research report on Friday, October 6th. Finally, Citigroup Inc. set a $42.00 price objective on Mylan N.V. and gave the company a buy rating in a research report on Wednesday, October 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $41.21.

Shares of Mylan N.V. (MYL) opened at 38.24 on Friday. The company has a market cap of $20.51 billion, a P/E ratio of 30.91 and a beta of 1.30. The stock’s 50 day moving average is $35.29 and its 200 day moving average is $36.23. Mylan N.V. has a 12 month low of $29.39 and a 12 month high of $45.87.

Mylan N.V. (NASDAQ:MYL) last announced its earnings results on Wednesday, August 9th. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.08). The company had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3 billion. Mylan N.V. had a net margin of 5.51% and a return on equity of 22.42%. The company’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.16 earnings per share. On average, analysts anticipate that Mylan N.V. will post $4.59 EPS for the current fiscal year.

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Institutional investors have recently added to or reduced their stakes in the business. FMR LLC grew its stake in shares of Mylan N.V. by 19.8% during the 2nd quarter. FMR LLC now owns 813,267 shares of the company’s stock valued at $31,572,000 after purchasing an additional 134,258 shares during the period. Swiss National Bank grew its stake in shares of Mylan N.V. by 3.1% during the 2nd quarter. Swiss National Bank now owns 1,661,842 shares of the company’s stock valued at $64,513,000 after purchasing an additional 50,100 shares during the period. Vivaldi Asset Management LLC bought a new stake in shares of Mylan N.V. during the 2nd quarter valued at about $5,098,000. Advisors Capital Management LLC grew its stake in shares of Mylan N.V. by 4.7% during the 2nd quarter. Advisors Capital Management LLC now owns 86,329 shares of the company’s stock valued at $3,351,000 after purchasing an additional 3,854 shares during the period. Finally, Mn Services Vermogensbeheer B.V. grew its stake in shares of Mylan N.V. by 508.8% during the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 73,842 shares of the company’s stock valued at $2,867,000 after purchasing an additional 61,712 shares during the period. Institutional investors and hedge funds own 72.03% of the company’s stock.

Mylan N.V. Company Profile

Mylan N.V. is a global pharmaceutical company. The Company develops, licenses, manufactures, markets and distributes generic and branded generic products for resale by others; specialty pharmaceuticals, and active pharmaceutical ingredients (APIs). It operates through two segments: Generics and Specialty.

Analyst Recommendations for Mylan N.V. (NASDAQ:MYL)

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