Endo International (ENDP) Cut to Underweight at JPMorgan Chase & Co.
JPMorgan Chase & Co. lowered shares of Endo International (NASDAQ:ENDP) (TSE:ENL) from a neutral rating to an underweight rating in a research report released on Monday morning, 24/7 WallStreet reports. They currently have $9.00 target price on the stock.
Other equities research analysts have also recently issued research reports about the stock. BidaskClub cut shares of Endo International from a buy rating to a hold rating in a research report on Wednesday, March 27th. ValuEngine cut shares of Endo International from a hold rating to a sell rating in a research report on Wednesday, May 1st. Gabelli reissued a hold rating on shares of Endo International in a research report on Wednesday, March 27th. Canaccord Genuity set a $17.00 target price on shares of Endo International and gave the company a buy rating in a research report on Friday, March 8th. Finally, Zacks Investment Research raised shares of Endo International from a sell rating to a hold rating in a research report on Tuesday, February 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the stock. Endo International currently has a consensus rating of Hold and an average price target of $14.88.
Shares of Endo International stock opened at $6.61 on Monday. The stock has a market capitalization of $1.46 billion, a PE ratio of 2.29 and a beta of 1.12. Endo International has a 52-week low of $5.92 and a 52-week high of $18.50.
Hedge funds have recently bought and sold shares of the stock. LS Investment Advisors LLC acquired a new position in Endo International during the fourth quarter worth about $59,000. Oregon Public Employees Retirement Fund acquired a new position in Endo International during the fourth quarter worth about $76,000. First Quadrant L P CA acquired a new position in Endo International during the fourth quarter worth about $92,000. Signition LP acquired a new position in Endo International during the first quarter worth about $139,000. Finally, Neuburgh Advisers LLC raised its stake in Endo International by 13.9% during the fourth quarter. Neuburgh Advisers LLC now owns 24,860 shares of the company’s stock worth $181,000 after acquiring an additional 3,036 shares in the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.
Endo International Company Profile
Endo International plc, a specialty pharmaceutical company, manufactures and sells generic and branded pharmaceuticals in the United States, Canada, and internationally. The company operates through three segments: U.S. Generic Pharmaceuticals, U.S. Branded Pharmaceuticals, and International Pharmaceuticals.
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