AstraZeneca PLC (LON:AZN) has been reiterated to Neutral in a report by JP Morgan Cazenove today.
- Updated: October 9, 2016
JP Morgan Cazenove has reiterated AstraZeneca PLC (LON:AZN) to Neutral in a statement released on 10/05/2016.
On 10/04/2016, Bryan Garnier released a statement on AstraZeneca PLC (LON:AZN) bumped down the target price from 5,400.00GBX to 5,220.00GBX that suggested an upside of 0.03%.
Boasting a price of 5,080.00GBX, AstraZeneca PLC (LON:AZN) traded 1.19% higher on the day. With the last close up 14.80% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. AstraZeneca PLC has recorded a 50-day average of 5,005.11GBX and a two hundred day average of 4,435.88GBX. Volume of trade was up over the average, with 3,384,720 shares of AZN changing hands over the typical 2,645,380
With a total market value of 0 GBX, AstraZeneca PLC has price-earnings ratio of 29.10 with a one year low of 3,680.00GBX and a one year high of 5,505.00GBX .
A total of 29 brokers have issued a research note on the company. 4 brokers rating the stock a strong buy, 14 brokers rating the stock a buy, 13 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell with a average stock price target of 61.96GBX.
Brief Synopsis On AstraZeneca PLC (LON:AZN)
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. The Company has its operations in over 100 countries. The Company's pipeline includes over 150 projects of which approximately 125 are in the clinical phase of development. The Company is developing a Toll-like receptor 9 (TLR-9) receptor agonist aimed at producing long-term benefit in asthma by addressing imbalances in the immune system. AstraZeneca offers various products, including Accolate, Rhinocort, Bricanyl Turbuhaler, Rhinocort, Symbicort pMDI, Crestor, Seloken/Toprol-XL, Brilinta/Brilique (ticagrelor), Bydureon, Xigduo XR, Kombiglyze XR and metformin XR, among others.
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