Consort Medical plc (NASDAQ:CSRMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday. The firm currently has a $16.00 price target on the stock.
According to Zacks, “Consort Medical Plc engages in the design, development, manufacture and sale of medical drug delivery devices. It operates through the Bespak and Aesica segments. Bespak segment develops and produces drug delivery devices which serves pharmaceutical companies with inhaler and auto-injector technologies. Aesica segment is a contract development and manufacturing organization which serves pharmaceutical firms with active pharmaceutical ingredient and finished dose formulation development and manufacturing services. Consort Medical Plc is headquartered in Hemel Hempstead, United Kingdom. “
Shares of Consort Medical plc (CSRMY) remained flat at $13.85 during midday trading on Friday. The company has a market capitalization of $676.61 million and a price-to-earnings ratio of 28.27. Consort Medical plc has a 52 week low of $12.90 and a 52 week high of $14.50. The company has a 50 day moving average of $13.58 and a 200 day moving average of $13.28.
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About Consort Medical plc
Consort Medical PLC is a contract development and manufacturing organization (CDMO). The Company’s principal activities include designing, development and manufacture of medical drug delivery devices and services for the pharmaceutical industry. The Company operates through two segments: Bespak and Aesica.
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