Hutchison China MediTech Limited (HCM) Stock Rating Reaffirmed by Beaufort Securities

Hutchison China MediTech Limited (LON:HCM)‘s stock had its “buy” rating reiterated by analysts at Beaufort Securities in a research note issued to investors on Wednesday.

Separately, Panmure Gordon reissued a “buy” rating and set a GBX 2,630 ($32.87) price target on shares of Hutchison China MediTech Limited in a report on Thursday, January 26th.

Hutchison China MediTech Limited (LON:HCM) opened at 2150.00 on Wednesday. Hutchison China MediTech Limited has a 12-month low of GBX 1,612.50 and a 12-month high of GBX 2,470.00. The stock’s market capitalization is GBX 1.30 billion. The firm has a 50-day moving average of GBX 2,226.08 and a 200-day moving average of GBX 1,991.71.

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In other news, insider Michael Howell sold 3,000 shares of the firm’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of GBX 1,890 ($23.62), for a total transaction of £56,700 ($70,857.29).

About Hutchison China MediTech Limited

Hutchison China MediTech Limited (Chi-Med) is a China-based, globally-focused healthcare group. The Company researches, develops, manufactures and sells pharmaceuticals and health-related consumer products. Its Innovation Platform focuses on discovering and developing therapeutics in oncology and autoimmune diseases for the global market.

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