AstraZeneca plc’s (AZN) “Hold” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their hold rating on shares of AstraZeneca plc (LON:AZN) in a research report report published on Tuesday morning, MarketBeat Ratings reports.

A number of other brokerages have also recently issued reports on AZN. Deutsche Bank AG lowered their target price on AstraZeneca plc from GBX 5,700 ($75.22) to GBX 5,300 ($69.94) and set a buy rating for the company in a report on Thursday, August 3rd. HSBC Holdings plc set a GBX 4,100 ($54.10) target price on AstraZeneca plc and gave the stock a sell rating in a report on Tuesday, August 8th. Sanford C. Bernstein set a GBX 5,780 ($76.27) target price on AstraZeneca plc and gave the stock a buy rating in a report on Monday, September 25th. Barclays PLC reaffirmed an overweight rating and issued a GBX 6,300 ($83.14) target price on shares of AstraZeneca plc in a report on Wednesday, July 26th. Finally, Societe Generale reaffirmed a buy rating on shares of AstraZeneca plc in a report on Monday, September 11th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. AstraZeneca plc has a consensus rating of Hold and a consensus price target of GBX 5,183.55 ($68.40).

Shares of AstraZeneca plc (AZN) traded up GBX 25 ($0.33) on Tuesday, reaching GBX 5,180 ($68.36). The company’s stock had a trading volume of 1,413,519 shares.

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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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