BidaskClub Lowers GW Pharmaceuticals PLC- (GWPH) to Hold

BidaskClub lowered shares of GW Pharmaceuticals PLC- (NASDAQ:GWPH) from a buy rating to a hold rating in a research report sent to investors on Tuesday.

A number of other research firms have also recently commented on GWPH. Zacks Investment Research cut shares of GW Pharmaceuticals PLC- from a hold rating to a sell rating in a research report on Tuesday. Bank of America decreased their target price on shares of GW Pharmaceuticals PLC- from $160.00 to $158.00 and set a buy rating on the stock in a research report on Tuesday, November 14th. Cantor Fitzgerald reaffirmed an overweight rating and issued a $208.00 target price on shares of GW Pharmaceuticals PLC- in a research report on Monday, October 2nd. Cowen reaffirmed an outperform rating and issued a $165.00 target price on shares of GW Pharmaceuticals PLC- in a research report on Monday, October 2nd. Finally, Goldman Sachs Group raised shares of GW Pharmaceuticals PLC- from a neutral rating to a buy rating and set a $174.00 target price on the stock in a research report on Thursday, December 14th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $148.78.

GW Pharmaceuticals PLC- (NASDAQ:GWPH) traded down $0.56 during midday trading on Tuesday, reaching $131.97. 189,050 shares of the company’s stock were exchanged, compared to its average volume of 428,093. GW Pharmaceuticals PLC- has a 52 week low of $92.65 and a 52 week high of $140.52. The company has a debt-to-equity ratio of 0.02, a current ratio of 7.59 and a quick ratio of 7.47. The firm has a market capitalization of $3,350.00, a PE ratio of -18.72 and a beta of 2.65.

Large investors have recently modified their holdings of the business. IHT Wealth Management LLC increased its stake in GW Pharmaceuticals PLC- by 18.0% during the second quarter. IHT Wealth Management LLC now owns 656 shares of the biopharmaceutical company’s stock worth $108,000 after purchasing an additional 100 shares during the period. Advisor Group Inc. increased its stake in GW Pharmaceuticals PLC- by 10.7% during the second quarter. Advisor Group Inc. now owns 1,500 shares of the biopharmaceutical company’s stock worth $130,000 after purchasing an additional 145 shares during the period. BNP Paribas Arbitrage SA purchased a new stake in GW Pharmaceuticals PLC- during the second quarter worth about $163,000. Woodmont Investment Counsel LLC purchased a new stake in GW Pharmaceuticals PLC- during the second quarter worth about $201,000. Finally, Van Hulzen Asset Management LLC purchased a new stake in GW Pharmaceuticals PLC- during the third quarter worth about $205,000. Institutional investors own 74.57% of the company’s stock.

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GW Pharmaceuticals PLC- Company Profile

GW Pharmaceuticals plc is a biopharmaceutical company focused on developing and commercializing therapeutics from its cannabinoid product platform in a range of disease areas. The Company’s lead cannabinoid product candidate is Epidiolex, which is a liquid formulation of pure plant-derived cannabidiol (CBD).

Analyst Recommendations for GW Pharmaceuticals PLC- (NASDAQ:GWPH)

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