ValuEngine lowered shares of Roche Holdings AG Basel (OTCMKTS:RHHBY) from a hold rating to a sell rating in a report issued on Tuesday morning, ValuEngine reports.

RHHBY has been the subject of a number of other reports. Deutsche Bank raised shares of Roche Holdings AG Basel from a hold rating to a buy rating in a research note on Thursday, June 20th. Liberum Capital lowered shares of Roche Holdings AG Basel from a buy rating to a hold rating in a research note on Thursday, June 20th. UBS Group raised shares of Roche Holdings AG Basel from a neutral rating to a buy rating in a research note on Friday, July 26th. Finally, Zacks Investment Research raised shares of Roche Holdings AG Basel from a hold rating to a buy rating and set a $37.00 price target for the company in a research note on Tuesday, July 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. Roche Holdings AG Basel has a consensus rating of Hold and a consensus target price of $37.00.

Shares of OTCMKTS:RHHBY opened at $33.91 on Tuesday. The company has a 50 day moving average of $34.33 and a 200-day moving average of $33.98. The firm has a market cap of $232.23 billion, a P/E ratio of 14.62, a P/E/G ratio of 2.22 and a beta of 0.48. Roche Holdings AG Basel has a twelve month low of $28.74 and a twelve month high of $35.90. The company has a current ratio of 1.40, a quick ratio of 1.11 and a debt-to-equity ratio of 0.53.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC raised its holdings in shares of Roche Holdings AG Basel by 1.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 5,499,135 shares of the company’s stock worth $193,020,000 after purchasing an additional 91,821 shares in the last quarter. Schafer Cullen Capital Management Inc raised its holdings in shares of Roche Holdings AG Basel by 10.9% in the 2nd quarter. Schafer Cullen Capital Management Inc now owns 1,953,425 shares of the company’s stock worth $65,127,000 after purchasing an additional 192,360 shares in the last quarter. Douglass Winthrop Advisors LLC raised its holdings in shares of Roche Holdings AG Basel by 9.2% in the 2nd quarter. Douglass Winthrop Advisors LLC now owns 637,978 shares of the company’s stock worth $22,393,000 after purchasing an additional 53,702 shares in the last quarter. QCI Asset Management Inc. NY raised its holdings in shares of Roche Holdings AG Basel by 3.8% in the 2nd quarter. QCI Asset Management Inc. NY now owns 617,056 shares of the company’s stock worth $21,659,000 after purchasing an additional 22,423 shares in the last quarter. Finally, Boston Common Asset Management LLC raised its holdings in shares of Roche Holdings AG Basel by 0.7% in the 2nd quarter. Boston Common Asset Management LLC now owns 446,640 shares of the company’s stock worth $15,727,000 after purchasing an additional 2,901 shares in the last quarter. Institutional investors and hedge funds own 0.31% of the company’s stock.

Roche Holdings AG Basel Company Profile

Roche Holding AG engages in the diagnostics and prescription pharmaceuticals businesses in Switzerland, Germany, and internationally. It offers pharmaceutical products for treating anaemia, anticoagulation therapy, bone, cardiovascular, central nervous system, chlamydia, coagulation, dermatology, diabetes, gonorrhea, gout, hemostasis disorders, hepatitis B and C, HIV/AIDS, HPV, inflammatory and autoimmune, intensive care medicine, kidney and urogenital tract, leukemia, lipid and liver disorders, lymphoma, metabolic disorders, obesity, occult blood testing, ophthalmology, osteoporosis, pancreatitis, respiratory disorders, rheumatoid arthritis, sepsis, sexually transmitted infections, skin cancer, transplantation, tuberculosis, urinary tract infections, and West Nile virus and infectious diseases.

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Analyst Recommendations for Roche Holdings AG Basel (OTCMKTS:RHHBY)

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