AstraZeneca (AZN) Given a GBX 5,500 Price Target by JPMorgan Chase & Co. Analysts
JPMorgan Chase & Co. set a GBX 5,500 ($77.12) target price on AstraZeneca (LON:AZN) in a research report sent to investors on Thursday morning. The brokerage currently has a buy rating on the biopharmaceutical company’s stock.
AZN has been the topic of a number of other reports. UBS Group reissued a neutral rating on shares of AstraZeneca in a report on Monday, January 15th. Jefferies Group reissued a hold rating and set a GBX 5,100 ($71.51) target price on shares of AstraZeneca in a report on Thursday, November 16th. Deutsche Bank reissued a buy rating and set a GBX 5,600 ($78.52) target price on shares of AstraZeneca in a report on Wednesday, November 1st. Kepler Capital Markets boosted their target price on shares of AstraZeneca from GBX 5,250 ($73.61) to GBX 5,300 ($74.31) and gave the stock a buy rating in a report on Tuesday, February 6th. Finally, Morgan Stanley set a GBX 5,000 ($70.11) target price on shares of AstraZeneca and gave the stock a neutral rating in a report on Friday, November 10th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 5,211.65 ($73.07).
Shares of AstraZeneca (LON AZN) opened at GBX 4,770 ($66.88) on Thursday. AstraZeneca has a 1-year low of GBX 4,260 ($59.73) and a 1-year high of GBX 5,520 ($77.40). The firm has a market cap of $60,400.00 and a P/E ratio of 2,805.88.
In other AstraZeneca news, insider Philip A. J. Broadley acquired 415 shares of the stock in a transaction on Friday, February 2nd. The shares were purchased at an average price of GBX 4,846 ($67.95) per share, for a total transaction of £20,110.90 ($28,198.12).
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AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.
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