AstraZeneca plc (AZN) Receives “Hold” Rating from Shore Capital

Shore Capital reissued their hold rating on shares of AstraZeneca plc (LON:AZN) in a report issued on Wednesday, StockTargetPrices.com reports.

Several other brokerages also recently commented on AZN. Liberum Capital reissued a buy rating and issued a GBX 5,500 ($69.96) price objective on shares of AstraZeneca plc in a research note on Wednesday, June 14th. Credit Suisse Group reissued a neutral rating and issued a GBX 5,000 ($63.60) price objective on shares of AstraZeneca plc in a research note on Monday, June 19th. Jefferies Group LLC increased their price objective on AstraZeneca plc from GBX 5,000 ($63.60) to GBX 5,500 ($69.96) and gave the stock a hold rating in a research note on Friday, June 16th. Deutsche Bank AG reissued a buy rating and issued a GBX 5,700 ($72.50) price objective on shares of AstraZeneca plc in a research note on Monday, June 5th. Finally, Bryan, Garnier & Co reissued a buy rating and issued a GBX 5,400 ($68.68) price objective on shares of AstraZeneca plc in a research note on Tuesday, February 28th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 5,251.89 ($66.80).

Shares of AstraZeneca plc (LON AZN) opened at 5429.00 on Wednesday. The company’s market cap is GBX 68.72 billion. The company has a 50 day moving average price of GBX 5,134.14 and a 200 day moving average price of GBX 4,718.55. AstraZeneca plc has a 52 week low of GBX 3,680.00 and a 52 week high of GBX 5,519.00.

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About AstraZeneca plc

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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