Hikma Pharmaceuticals (HIK) PT Raised to GBX 1,074 at Jefferies Group

Hikma Pharmaceuticals (LON:HIK) had its price target boosted by equities researchers at Jefferies Group from GBX 1,045 ($13.99) to GBX 1,074 ($14.38) in a research report issued on Monday. The brokerage currently has a “hold” rating on the stock. Jefferies Group’s price objective points to a potential upside of 5.29% from the company’s previous close.

A number of other research analysts have also recently commented on the company. Morgan Stanley reissued an “equal weight” rating and issued a GBX 1,100 ($14.73) target price on shares of Hikma Pharmaceuticals in a research note on Friday. Peel Hunt reissued a “hold” rating and issued a GBX 1,390 ($18.62) target price on shares of Hikma Pharmaceuticals in a research note on Wednesday, November 15th. J P Morgan Chase & Co reduced their target price on Hikma Pharmaceuticals from GBX 1,250 ($16.74) to GBX 1,000 ($13.39) and set a “neutral” rating on the stock in a research note on Friday, November 10th. reduced their target price on Hikma Pharmaceuticals from GBX 1,060 ($14.20) to GBX 865 ($11.58) and set a “reduce” rating on the stock in a research note on Friday, November 10th. Finally, Stifel Nicolaus reduced their target price on Hikma Pharmaceuticals from GBX 1,320 ($17.68) to GBX 1,000 ($13.39) and set a “hold” rating on the stock in a research note on Thursday, November 9th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,188.90 ($15.92).

Hikma Pharmaceuticals (HIK) opened at GBX 1,020 ($13.66) on Monday. Hikma Pharmaceuticals has a 12 month low of GBX 906.50 ($12.14) and a 12 month high of GBX 2,346 ($31.42).

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Hikma Pharmaceuticals Company Profile

Hikma Pharmaceuticals Plc is a pharmaceutical company. The Company is focused on developing, manufacturing and marketing a range of both branded and non-branded generic and in-licensed products. The Company’s segments include Branded, Injectables, Generics and Others. It sells branded generics and in-licensed patented products across the Middle East and North Africa (MENA) region and other markets.

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