Intercept Pharmaceuticals Inc (ICPT) Receives Consensus Rating of “Hold” from Analysts
Intercept Pharmaceuticals Inc (NASDAQ:ICPT) has been assigned a consensus recommendation of “Hold” from the twenty-five ratings firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $127.06.
ICPT has been the subject of several recent research reports. Zacks Investment Research downgraded Intercept Pharmaceuticals from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Oppenheimer reiterated a “hold” rating on shares of Intercept Pharmaceuticals in a report on Monday, January 29th. Citigroup set a $74.00 price target on Intercept Pharmaceuticals and gave the stock a “hold” rating in a report on Friday, December 29th. Bank of America decreased their price target on Intercept Pharmaceuticals from $102.00 to $73.00 and set an “underperform” rating for the company in a report on Friday, October 13th. Finally, Cowen reiterated a “buy” rating and set a $112.00 price target on shares of Intercept Pharmaceuticals in a report on Wednesday, November 1st.
Intercept Pharmaceuticals (NASDAQ ICPT) opened at $53.29 on Friday. The company has a current ratio of 5.95, a quick ratio of 5.95 and a debt-to-equity ratio of 3.15. Intercept Pharmaceuticals has a 12-month low of $51.53 and a 12-month high of $135.59. The firm has a market capitalization of $1,457.93, a P/E ratio of -3.60 and a beta of -2.13.
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About Intercept Pharmaceuticals
Intercept Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of therapeutics to treat non-viral, progressive liver diseases. The Company’s product candidates have the potential to treat orphan and more prevalent diseases for which there are limited therapeutic solutions.
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