AstraZeneca plc (AZN) Given a GBX 6,000 Price Target by Citigroup Inc. Analysts
AstraZeneca plc (LON:AZN) received a GBX 6,000 ($77.49) target price from equities research analysts at Citigroup Inc. in a note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the biopharmaceutical company’s stock. Citigroup Inc.’s price target indicates a potential upside of 24.84% from the company’s current price.
Several other equities research analysts have also issued reports on AZN. Shore Capital raised shares of AstraZeneca plc to a “hold” rating and set a GBX 4,800 ($61.99) price target on the stock in a report on Tuesday, May 16th. Berenberg Bank lifted their price target on shares of AstraZeneca plc from GBX 5,670 ($73.23) to GBX 5,850 ($75.55) and gave the company a “buy” rating in a report on Wednesday, May 17th. Jefferies Group LLC set a GBX 4,700 ($60.70) price target on shares of AstraZeneca plc and gave the company a “neutral” rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a GBX 3,900 ($50.37) price target on shares of AstraZeneca plc and gave the company a “sell” rating in a report on Saturday, May 20th. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of AstraZeneca plc in a report on Monday, May 22nd. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company’s stock. AstraZeneca plc currently has a consensus rating of “Hold” and an average price target of GBX 5,022.91 ($64.87).
AstraZeneca plc (LON:AZN) opened at 4752.50 on Wednesday. AstraZeneca plc has a one year low of GBX 3,996.00 and a one year high of GBX 5,520.00. The company has a 50-day moving average of GBX 4,566.78 and a 200 day moving average of GBX 4,881.73. The firm’s market capitalization is GBX 60.17 billion.
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In other AstraZeneca plc news, insider Nazneen Rahman purchased 39 shares of the firm’s stock in a transaction on Thursday, July 27th. The stock was acquired at an average price of GBX 4,370 ($56.44) per share, for a total transaction of £1,704.30 ($2,201.08).
AstraZeneca plc Company Profile
AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.
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