China Biologic Products (CBPO) Upgraded at BidaskClub
China Biologic Products (NASDAQ:CBPO) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Tuesday.
Separately, Zacks Investment Research lowered China Biologic Products from a “hold” rating to a “sell” rating in a research note on Monday, January 29th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $137.50.
Shares of China Biologic Products (CBPO) opened at $79.95 on Tuesday. China Biologic Products has a 12 month low of $72.21 and a 12 month high of $120.46. The firm has a market capitalization of $2,620.00, a P/E ratio of 20.82, a PEG ratio of 1.00 and a beta of 1.67.
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About China Biologic Products
China Biologic Products Holdings, Inc is a biopharmaceutical company. The Company is principally engaged in the research, development, manufacturing and sales of human plasma-based biopharmaceutical products in China. It operates through the manufacture and sales of human plasma products segment. China Biologic has a product portfolio with over 20 various dosage forms of plasma products and other biopharmaceutical products across nine categories.The Company’s products include human albumin, human immunoglobulin, immunoglobulin for intravenous injection (IVIG), human hepatitis B immunoglobulin, human rabies immunoglobulin, human tetanus immunoglobulin, placenta polypeptide, Factor VIII and human prothrombin complex concentrate (PCC).
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