Neogen Corporation (NASDAQ:NEOG) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 29, 2016
Having a price of $54.89, Neogen Corporation (NASDAQ:NEOG) traded -1.71% lower on the day. With the last stock price up 1.78% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. NEOG has recorded a 50-day average of $57.81 and a two hundred day average of $53.01. Trade Volume was up over the average, with 179,750 shares of NEOG changing hands over the typical 137,189
Zacks Investment Research has downgraded Neogen Corporation (NASDAQ:NEOG) to Hold in a statement released on Friday September 30, 2016.
On 9/27/2016, Zacks Investment Research released a statement about Neogen Corporation (NASDAQ:NEOG) upped the target price from $0.00 to $64.00 that suggested an upside of 0.11%.
Recent Performance Chart
Neogen Corporation has PE ratio of 55.62 with a one year low of $43.00 and a one year high of $61.24 and has a market capitalization of $0.
A total of 4 brokerages have issued a ratings update on Neogen Corporation. zero brokerages rating the company a strong buy, one brokerage rating the company a buy, six brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $59.00.
General Company Details For Neogen Corporation (NASDAQ:NEOG)
Neogen Corporation develops, manufactures and markets a range of products and services dedicated to food and animal safety. The Company operates through two segments: Food Safety and Animal Safety. The Food Safety segment produces and markets diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens and levels of general sanitation. The Animal Safety segment is primarily engaged in the production and marketing of products dedicated to animal health, including a range of consumable products marketed to veterinarians and animal health product distributors. The Animal Safety segment also provides genetic identification services. Additionally, the Animal Safety segment produces and markets rodenticides, disinfectants and insecticides to assist in the control of rodents and disease in and around agricultural, food production and other facilities.
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