AstraZeneca (AZN) PT Set at GBX 3,800 by Goldman Sachs Group
Goldman Sachs Group set a GBX 3,800 ($52.50) price target on AstraZeneca (LON:AZN) in a research report released on Monday. The firm currently has a sell rating on the biopharmaceutical company’s stock.
Several other analysts have also weighed in on AZN. Investec lifted their price objective on shares of AstraZeneca from GBX 4,900 ($67.70) to GBX 5,500 ($75.99) and gave the company a buy rating in a research note on Monday, November 6th. Shore Capital reiterated a hold rating on shares of AstraZeneca in a research note on Thursday, February 15th. UBS Group set a GBX 4,550 ($62.86) price objective on shares of AstraZeneca and gave the company a neutral rating in a research note on Tuesday, February 6th. JPMorgan Chase & Co. reiterated a neutral rating on shares of AstraZeneca in a research note on Wednesday, November 1st. Finally, Deutsche Bank reiterated a buy rating and issued a GBX 5,700 ($78.75) price objective on shares of AstraZeneca in a research note on Monday, February 5th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. AstraZeneca has a consensus rating of Hold and a consensus price target of GBX 5,211.65 ($72.00).
Shares of AstraZeneca (LON AZN) opened at GBX 4,791 ($66.19) on Monday. The firm has a market cap of $61,120.00 and a price-to-earnings ratio of 2,818.24. AstraZeneca has a one year low of GBX 4,260 ($58.86) and a one year high of GBX 5,520 ($76.26).
In other AstraZeneca news, insider Philip A. J. Broadley purchased 415 shares of AstraZeneca stock in a transaction that occurred on Friday, February 2nd. The stock was acquired at an average price of GBX 4,846 ($66.95) per share, with a total value of £20,110.90 ($27,785.16).
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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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