Shire (SHP) Stock Price Down 0%

Shares of Shire PLC (LON:SHP) traded down 0% during trading on Tuesday . The company traded as low as GBX 3,880.50 ($51.89) and last traded at GBX 3,880.50 ($51.89). 0 shares changed hands during trading, a decline of 100% from the average session volume of 2,570,000 shares. The stock had previously closed at GBX 3,880.50 ($51.89).

A number of analysts recently commented on the company. Shore Capital reiterated a “buy” rating on shares of Shire in a report on Wednesday, September 20th. Barclays restated an “equal weight” rating and issued a GBX 4,000 ($53.48) target price on shares of Shire in a research note on Monday, October 30th. Kepler Capital Markets restated a “buy” rating and issued a GBX 4,600 ($61.51) target price on shares of Shire in a research note on Wednesday, November 1st. Berenberg Bank lowered their target price on Shire from GBX 6,000 ($80.22) to GBX 5,900 ($78.89) and set a “buy” rating on the stock in a research note on Tuesday, October 24th. Finally, Liberum Capital restated a “buy” rating and issued a GBX 4,200 ($56.16) target price on shares of Shire in a research note on Monday, November 20th. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 5,272.22 ($70.49).

The company has a market capitalization of $35,280.00 and a P/E ratio of 2,939.77.

In other news, insider Anne Minto bought 190 shares of Shire stock in a transaction on Friday, September 29th. The shares were purchased at an average price of GBX 3,785 ($50.61) per share, for a total transaction of £7,191.50 ($9,615.59). Also, insider Dominic Blakemore bought 165 shares of Shire stock in a transaction on Tuesday, December 19th. The shares were purchased at an average price of GBX 3,790 ($50.68) per share, for a total transaction of £6,253.50 ($8,361.41).

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Shire Company Profile

Shire plc is a biotech company focused on serving people with rare diseases and other specialized conditions. The Company’s segment is engaged in research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines. It focuses its development resources on projects in various therapeutic areas (TAs), including Neuroscience, Ophthalmology, Hematology, Oncology, Immunology, Gastrointestinal (GI)/Metabolic/Endocrinology Diseases.

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