H. Lundbeck A/S- (HLUYY) Lowered to Hold at Zacks Investment Research
H. Lundbeck A/S- (NASDAQ:HLUYY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.
According to Zacks, “H. Lundbeck A/S is an international pharmaceutical company engaged in the research and development, production, marketing and sale of pharmaceuticals across the world. Its products are targeted at disorders like depression and anxiety, schizophrenia, insomnia, Huntington’s, epilepsies, Alzheimer’s and Parkinson’s diseases. The Company is involved in the development of new and improved drugs for the treatment of psychiatric and neurological disorders. H. Lundbeck A/S is headquartered in Copenhagen, Denmark. “
Separately, Jefferies Group LLC lowered shares of H. Lundbeck A/S- from a “buy” rating to a “hold” rating in a research note on Tuesday, April 11th.
Shares of H. Lundbeck A/S- (HLUYY) traded up 0.96% during mid-day trading on Monday, hitting $57.93. 2,053 shares of the company traded hands. The firm has a market cap of $11.43 billion and a price-to-earnings ratio of 46.09. The firm has a 50-day moving average price of $53.03 and a 200 day moving average price of $46.19. H. Lundbeck A/S- has a 52-week low of $31.00 and a 52-week high of $60.78.
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H. Lundbeck A/S- Company Profile
H Lundbeck A/S is a Denmark-based company active in the pharmaceuticals industry. It is engaged in the research, development, manufacture and marketing of pharmaceuticals for the treatment of brain disorders, such as Alzheimer’s disease, Bipolar disorder, depression, epilepsy, Huntington’s disease, Parkinson’s disease and schizophrenia.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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