Morgan Stanley reaffirmed their equal weight rating on shares of Hikma Pharmaceuticals Plc (OTC:HKMPF) in a report released on Tuesday morning.

A number of other brokerages have also recently issued reports on HKMPF. Jefferies Group LLC cut shares of Hikma Pharmaceuticals Plc from a buy rating to an underperform rating in a research note on Wednesday, May 17th. Numis Securities Ltd reissued an add rating on shares of Hikma Pharmaceuticals Plc in a research note on Friday, May 19th. Finally, ValuEngine raised shares of Hikma Pharmaceuticals Plc from a hold rating to a buy rating in a research note on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $27.00.

Hikma Pharmaceuticals Plc (HKMPF) traded down 9.95% during trading on Tuesday, hitting $16.75. 100 shares of the stock were exchanged. The stock has a 50 day moving average of $20.10 and a 200-day moving average of $23.45. The stock has a market cap of $4.04 billion and a P/E ratio of 25.30. Hikma Pharmaceuticals Plc has a 52 week low of $16.75 and a 52 week high of $35.00.

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About Hikma Pharmaceuticals Plc

Hikma Pharmaceuticals PLC develops, manufactures, and markets a range of generic, branded, and in-licensed pharmaceutical products in solid, semi-solid, liquid, and injectable final dosage forms worldwide. It operates through three segments: Branded, Injectables, and Generic. The Branded segment offers 377 products in 1,125 dosage forms and strengths in the anti-infective, cardiovascular, diabetes, central nervous system (CNS), gastro-intestinal, oncology, respiratory, and miscellaneous therapeutic areas.

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