A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Hikma Pharmaceuticals from GBX 1,900 ($24.83) to GBX 1,800 ($23.52) and set a neutral rating for the company in a research report on Wednesday, January 2nd. Barclays reiterated an equal weight rating and issued a GBX 1,950 ($25.48) price target on shares of Hikma Pharmaceuticals in a research note on Friday, November 9th. Jefferies Financial Group raised Hikma Pharmaceuticals to a buy rating and raised their price objective for the company from GBX 1,643 ($21.47) to GBX 2,000 ($26.13) in a report on Tuesday, November 27th. Finally, Citigroup reissued a buy rating and set a GBX 2,250 ($29.40) price objective on shares of Hikma Pharmaceuticals in a report on Tuesday, October 30th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 1,801.43 ($23.54).
LON:HIK opened at GBX 1,595 ($20.84) on Monday. Hikma Pharmaceuticals has a 52-week low of GBX 814.20 ($10.64) and a 52-week high of GBX 2,346 ($30.65).
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. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment manufactures, markets, and sells generic injectable products for therapeutic categories, including anti-infective, anaesthetic, central nervous system (CNS), oncology, and pain management, as well as controlled substances and cardiovascular products.
Further Reading: Market Capitalization and Individual Investors
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