Udg Healthcare PLC (LON:UDG) was downgraded by Berenberg Bank to a “hold” rating in a report issued on Monday, May 15th, StockTargetPrices.com reports. They currently have a GBX 745 ($9.42) price target on the stock. Berenberg Bank’s price objective points to a potential downside of 13.52% from the stock’s previous close.
Several other equities analysts also recently weighed in on the stock. Liberum Capital reissued a “buy” rating and issued a GBX 760 ($9.61) price target on shares of Udg Healthcare PLC in a research note on Tuesday, April 11th. Numis Securities Ltd downgraded shares of Udg Healthcare PLC to a “hold” rating and set a GBX 730 ($9.23) price target on the stock. in a research note on Tuesday, April 4th. Stifel Nicolaus raised their price target on shares of Udg Healthcare PLC from GBX 620 ($7.84) to GBX 650 ($8.22) and gave the stock a “hold” rating in a research note on Tuesday, April 4th. Jefferies Group LLC raised their price target on shares of Udg Healthcare PLC from GBX 750 ($9.49) to GBX 760 ($9.61) and gave the stock a “buy” rating in a research note on Friday, February 24th. Finally, Peel Hunt reaffirmed an “add” rating and set a GBX 730 ($9.23) target price on shares of Udg Healthcare PLC in a research note on Friday, February 24th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 773.71 ($9.79).
Shares of Udg Healthcare PLC (LON UDG) traded up 3.80% during trading on Monday, reaching GBX 861.50. The company’s stock had a trading volume of 2,115,653 shares. Udg Healthcare PLC has a one year low of GBX 518.50 and a one year high of GBX 861.50. The company’s market capitalization is GBX 2.13 billion. The firm’s 50-day moving average price is GBX 786.03 and its 200-day moving average price is GBX 708.80.
The business also recently declared a dividend, which will be paid on Tuesday, June 27th. Stockholders of record on Thursday, June 1st will be paid a $0.04 dividend. This represents a dividend yield of 0.35%. The ex-dividend date is Thursday, June 1st.
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In other news, insider Chris Corbin sold 5,650 shares of the business’s stock in a transaction that occurred on Wednesday, June 14th. The shares were sold at an average price of GBX 827 ($10.46), for a total value of £46,725.50 ($59,108.79). Also, insider Jez Moulding acquired 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The stock was acquired at an average price of GBX 808 ($10.22) per share, with a total value of £145,440 ($183,984.82).
Udg Healthcare PLC Company Profile
UDG Healthcare plc, formerly United Drug plc, is a healthcare services provider in the Republic of Ireland, the United Kingdom, North America and Continental Europe. The Company operates in three segments. The Ashfield Commercial & Medical Services segment is engaged in the provision of sales, marketing and healthcare communications services to pharmaceutical companies, and it also provides sales teams, healthcare communications, telesales, nurse educators, medical information, pharmacovigilance, regulatory and event management services to over 300 healthcare companies in approximately 20 countries.
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