AstraZeneca plc (AZN) Earns Hold Rating from Shore Capital
Other analysts have also recently issued research reports about the stock. UBS AG set a GBX 5,150 ($66.86) price target on shares of AstraZeneca plc and gave the company a neutral rating in a research note on Thursday, April 27th. HSBC Holdings plc reissued a reduce rating and issued a GBX 4,200 ($54.52) price target on shares of AstraZeneca plc in a research note on Friday, May 5th. J P Morgan Chase & Co reissued a neutral rating on shares of AstraZeneca plc in a research note on Thursday, May 11th. Berenberg Bank increased their price target on shares of AstraZeneca plc from GBX 5,670 ($73.61) to GBX 5,850 ($75.94) and gave the company a buy rating in a research note on Wednesday, May 17th. Finally, Liberum Capital reissued a buy rating and issued a GBX 5,500 ($71.40) price target on shares of AstraZeneca plc in a research note on Tuesday, May 23rd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 4,932.67 ($64.04).
Shares of AstraZeneca plc (LON:AZN) opened at 4447.00 on Friday. AstraZeneca plc has a 52 week low of GBX 3,996.00 and a 52 week high of GBX 5,520.00. The company’s market cap is GBX 56.30 billion. The firm has a 50-day moving average of GBX 4,818.59 and a 200 day moving average of GBX 4,863.31.
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The company also recently disclosed a dividend, which will be paid on Monday, September 11th. Stockholders of record on Thursday, August 10th will be issued a GBX 68.90 ($0.89) dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a dividend yield of 1.35%.
In other news, insider Nazneen Rahman acquired 39 shares of AstraZeneca plc stock in a transaction dated Thursday, July 27th. The shares were acquired at an average cost of GBX 4,370 ($56.73) per share, for a total transaction of £1,704.30 ($2,212.51).
AstraZeneca plc Company Profile
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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