BNP Paribas Reaffirms “Neutral” Rating for AstraZeneca plc (AZN)

BNP Paribas reissued their neutral rating on shares of AstraZeneca plc (LON:AZN) in a research report sent to investors on Wednesday morning. The brokerage currently has a GBX 5,300 ($66.02) price objective on the biopharmaceutical company’s stock.

Other research analysts have also issued research reports about the company. Deutsche Bank AG reaffirmed a buy rating and set a GBX 6,000 ($74.74) target price on shares of AstraZeneca plc in a report on Wednesday, November 30th. Shore Capital downgraded AstraZeneca plc to a sell rating and set a GBX 4,000 ($49.83) price target for the company. in a research report on Monday, February 6th. J P Morgan Chase & Co reiterated a neutral rating and set a GBX 4,600 ($57.30) price target on shares of AstraZeneca plc in a research report on Tuesday, December 6th. Credit Suisse Group reiterated an underperform rating and set a GBX 4,000 ($49.83) price target on shares of AstraZeneca plc in a research report on Friday, February 3rd. Finally, Bryan, Garnier & Co reiterated a buy rating and set a GBX 5,250 ($65.40) price target on shares of AstraZeneca plc in a research report on Monday, January 9th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of GBX 4,910.86 ($61.17).

Analyst Recommendations for AstraZeneca plc (LON:AZN)

Shares of AstraZeneca plc (LON:AZN) opened at 4623.0210 on Wednesday. The firm’s 50-day moving average is GBX 4,429.89 and its 200-day moving average is GBX 4,666.07. The firm’s market cap is GBX 58.48 billion. AstraZeneca plc has a 52-week low of GBX 3,680.00 and a 52-week high of GBX 5,505.00.

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The business also recently announced a dividend, which will be paid on Monday, March 20th. Shareholders of record on Thursday, February 16th will be issued a GBX 150.20 ($1.87) dividend. This represents a yield of 3.52%. This is an increase from AstraZeneca plc’s previous dividend of $68.70. The ex-dividend date of this dividend is Thursday, February 16th.

AstraZeneca plc Company Profile

AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on the discovery, development and commercialization of prescription medicines, primarily for the treatment of diseases in various therapy areas, including respiratory, inflammation, autoimmune disease (RIA), cardiovascular and metabolic disease (CVMD) and oncology, as well as in infection, neuroscience and gastrointestinal areas.

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