Brokerages Set Eagle Pharmaceuticals Inc (EGRX) Price Target at $63.67
Eagle Pharmaceuticals Inc (NASDAQ:EGRX) has been given a consensus rating of “Hold” by the six research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $63.67.
EGRX has been the topic of a number of research reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $75.00 price target (down from $81.00) on shares of Eagle Pharmaceuticals in a research note on Thursday, November 9th. Mizuho reaffirmed a “sell” rating and set a $37.00 price target on shares of Eagle Pharmaceuticals in a research note on Wednesday, November 8th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $75.00 price target on shares of Eagle Pharmaceuticals in a research note on Friday, October 27th. Zacks Investment Research downgraded Eagle Pharmaceuticals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Finally, BidaskClub lowered Eagle Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Thursday, January 18th.
Eagle Pharmaceuticals (EGRX) traded up $2.58 during mid-day trading on Friday, reaching $59.39. The company had a trading volume of 184,700 shares, compared to its average volume of 205,726. Eagle Pharmaceuticals has a fifty-two week low of $45.05 and a fifty-two week high of $97.15. The company has a current ratio of 5.30, a quick ratio of 5.15 and a debt-to-equity ratio of 0.26. The firm has a market cap of $847.70, a P/E ratio of 9.58 and a beta of 1.25.
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About Eagle Pharmaceuticals
Eagle Pharmaceuticals, Inc is a specialty pharmaceutical company. The Company focuses on developing and commercializing injectable products in the critical care and oncology areas. The Company’s product portfolio includes products, including Argatroban; Ryanodex; docetaxel injection, non-alcohol formulation; and Bendeka.
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