AstraZeneca plc (LON:AZN)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Credit Suisse Group in a report issued on Monday. They currently have a GBX 5,000 ($63.25) price target on the biopharmaceutical company’s stock. Credit Suisse Group’s price objective would indicate a potential downside of 5.84% from the stock’s previous close.
AZN has been the subject of a number of other reports. Liberum Capital reiterated a “buy” rating and issued a GBX 5,100 ($64.52) target price on shares of AstraZeneca plc in a research note on Thursday, April 27th. Barclays PLC reiterated an “overweight” rating and issued a GBX 6,000 ($75.90) target price on shares of AstraZeneca plc in a research note on Friday, April 28th. Berenberg Bank lowered their target price on shares of AstraZeneca plc from GBX 5,500 ($69.58) to GBX 5,450 ($68.94) and set a “buy” rating for the company in a research note on Tuesday, February 21st. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 5,500 ($69.58) target price on shares of AstraZeneca plc in a research note on Wednesday, March 15th. Finally, Societe Generale reiterated a “buy” rating on shares of AstraZeneca plc in a research note on Thursday, March 23rd. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 5,171.80 ($65.42).
AstraZeneca plc (LON:AZN) opened at 5309.9824 on Monday. AstraZeneca plc has a 12-month low of GBX 3,680.00 and a 12-month high of GBX 5,505.00. The stock’s market capitalization is GBX 67.22 billion. The stock’s 50 day moving average is GBX 5,087.18 and its 200 day moving average is GBX 4,684.86.
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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.
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