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Liberum upgraded Shire plc (NASDAQ:SHPG) from Hold to Buy in a report released today.

Liberum has upgraded Shire plc (NASDAQ:SHPG) from Hold to Buy in a report released on 11/14/2017.

Previously on 10/19/2017, FBR & Co. reported about Shire plc (NASDAQ:SHPG) raised the target price from $0.00 to $201.00. At the time, this indicated a possible upside of 0.37%.

Yesterday Shire plc (NASDAQ:SHPG) traded 2.84% higher at $147.63. The company’s 50-day moving average is $152.36 and its 200-day moving average is $163.12. The last stock close price is down -12.84% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,091,441 shares of the stock were exchanged, up from an average trading volume of 1,167,350

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Shire plc (NASDAQ:SHPG)

Shire plc has a 52 week low of $137.80 and a 52 week high of $192.64 with a P/E ratio of 63.61 The company’s market cap is currently $0.

In addition to Liberum reporting its target price, a total of 14 firms have reported on the stock. The consensus target price is $241.86 with 7 firms rating the stock a strong buy, 7 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Shire plc (NASDAQ:SHPG)

Shire plc is a biotech company focused on serving people with rare diseases and other specialized conditions. The Company's segment is engaged in research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines. It focuses its development resources on projects in various therapeutic areas (TAs), including Neuroscience, Ophthalmology, Hematology, Oncology, Immunology, Gastrointestinal (GI)/Metabolic/Endocrinology Diseases. Its Hematology products include ADVATE (Antihemophilic Factor (Recombinant)), ADYNOVATE/ADYNOVI (Antihemophilic Factor (Recombinant), PEGylated)), RIXUBIS (Coagulation Factor IX (Recombinant)), VONVENDI (von Willebrand factor (Recombinant)) and FEIBA (Anti-Inhibitor Coagulant Complex). Its Genetic Diseases products include CINRYZE (C1 esterase inhibitor (human)), FIRAZYR (icatibant), ELAPRASE (idursulfase), REPLAGAL (agalsidase alfa) and VPRIV (velaglucerase alfa).

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