AstraZeneca plc (LON:AZN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Citigroup Inc. in a note issued to investors on Thursday, September 7th, MarketBeat Ratings reports.

A number of other research analysts also recently weighed in on AZN. Shore Capital reiterated a “sell” rating on shares of AstraZeneca plc in a report on Wednesday, May 10th. Barclays PLC reiterated an “overweight” rating and set a GBX 6,000 ($80.90) price target on shares of AstraZeneca plc in a report on Thursday, May 11th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of AstraZeneca plc in a report on Thursday, May 11th. Goldman Sachs Group, Inc. (The) set a GBX 3,900 ($52.58) price target on AstraZeneca plc and gave the company a “sell” rating in a report on Thursday, May 11th. Finally, Jefferies Group LLC lowered their price target on AstraZeneca plc from GBX 4,900 ($66.06) to GBX 4,700 ($63.37) and set a “hold” rating on the stock in a report on Friday, May 12th. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 5,041.09 ($67.97).

AstraZeneca plc (AZN) traded up 1.41% during trading on Thursday, reaching GBX 4776.50. The company had a trading volume of 1,074,772 shares. AstraZeneca plc has a 12 month low of GBX 3,996.00 and a 12 month high of GBX 5,520.00. The stock has a 50 day moving average price of GBX 4,568.92 and a 200 day moving average price of GBX 4,884.42. The firm’s market capitalization is GBX 60.47 billion.

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In other AstraZeneca plc news, insider Nazneen Rahman purchased 39 shares of the firm’s stock in a transaction that occurred on Thursday, July 27th. The shares were acquired at an average cost of GBX 4,370 ($58.92) per share, for a total transaction of £1,704.30 ($2,297.83).

About AstraZeneca plc

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.

Analyst Recommendations for AstraZeneca plc (LON:AZN)

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