J P Morgan Chase & Co Reiterates “Neutral” Rating for AstraZeneca plc (AZN)

AstraZeneca plc (LON:AZN)‘s stock had its “neutral” rating reissued by equities research analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Friday.

Other equities analysts also recently issued research reports about the stock. BNP Paribas reaffirmed a “neutral” rating and set a GBX 5,300 ($69.21) price target on shares of AstraZeneca plc in a research note on Monday, April 3rd. UBS AG set a GBX 5,150 ($67.25) price target on shares of AstraZeneca plc and gave the company a “neutral” rating in a research note on Wednesday, April 5th. HSBC Holdings plc reaffirmed a “reduce” rating and set a GBX 4,200 ($54.84) price target on shares of AstraZeneca plc in a research note on Friday, May 5th. Shore Capital reaffirmed a “sell” rating on shares of AstraZeneca plc in a research note on Wednesday, May 10th. Finally, Berenberg Bank raised their price target on shares of AstraZeneca plc from GBX 5,670 ($74.04) to GBX 5,850 ($76.39) and gave the company a “buy” rating in a research note on Wednesday, May 17th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 5,251.80 ($68.58).

Shares of AstraZeneca plc (AZN) opened at 5152.00 on Friday. The firm’s market capitalization is GBX 65.22 billion. AstraZeneca plc has a 12 month low of GBX 3,996.00 and a 12 month high of GBX 5,520.00. The stock has a 50 day moving average price of GBX 5,235.89 and a 200 day moving average price of GBX 4,847.81.

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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.

Analyst Recommendations for AstraZeneca plc (LON:AZN)

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