Equities Analysts Issue Forecasts for Indivior Plc’s FY2019 Earnings (INVVY)

Indivior Plc (OTCMKTS:INVVY) – Stock analysts at Jefferies Group upped their FY2019 EPS estimates for Indivior in a research note issued on Wednesday. Jefferies Group analyst J. Vane-Tempest now forecasts that the company will post earnings of $1.10 per share for the year, up from their prior estimate of $1.05. Jefferies Group also issued estimates for Indivior’s FY2021 earnings at $1.65 EPS and FY2022 earnings at $2.40 EPS.

Several other brokerages have also issued reports on INVVY. Zacks Investment Research lowered shares of Indivior from a “hold” rating to a “sell” rating in a report on Wednesday, October 18th. ValuEngine upgraded shares of Indivior from a “hold” rating to a “buy” rating in a report on Wednesday, November 29th.

Shares of Indivior (OTCMKTS:INVVY) traded down $0.33 on Thursday, reaching $27.44. 4,282 shares of the company traded hands, compared to its average volume of 7,803. The stock has a market cap of $4,023.12, a price-to-earnings ratio of 109.76, a P/E/G ratio of 2.82 and a beta of 1.13. Indivior has a 12-month low of $17.50 and a 12-month high of $28.40.

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About Indivior

Indivior PLC, together with its subsidiaries, develops, manufactures, and sells buprenorphine-based prescription drugs for the treatment of opioid dependence worldwide. The company’s product candidates focus on treating opioid use disorder, alcohol use disorder, overdose rescue, and CNS disorders/schizophrenia.

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