Investec reaffirmed a "buy" rating and set a GBX 8,000 ($111.58) target price on shares of Shire in a research note on Monday, January 29th. In Wednesday, February 14 report Bernstein upgraded the stock to "Outperform" rating. RBC Capital Markets has "Buy" rating and $18600 target. The biopharmaceutical company reported $3.63 earnings per share for the quarter, beating the Zacks' consensus estimate of $3.22 by $0.41. On Friday, January 5 Cowen & Co maintained Shire plc (NASDAQ:SHPG) rating. The firm has "Buy" rating by Peel Hunt given on Friday, September 2. The rating was maintained by Bank of America with "Buy" on Thursday, February 22. On Wednesday, February 14 the company was maintained by RBC Capital Markets. About 2.72 million shares traded or 81.62% up from the average. SHPG is downtrending and has moved 27.67% since April 24, 2017. It has underperformed by 39.22% the S&P500.
Shire PLC, the second-largest biotech employer in MA, said Tuesday that it had received yet another buyout proposal from Takeda Pharmaceutical as a deadline for making a firm offer looms. Therefore 82% are positive. Shire PLC has GBX 8000 highest and GBX 214 lowest target.
Basically, a price target is an individual analyst's projection on the future price of a stock. (NASDAQ:SHPG) has 24 ratings reports on April 24, 2018 according to StockzIntelligence. The firm earned "Overweight" rating on Tuesday, May 3 by JP Morgan. Listed here are Shire plc (NASDAQ:SHPG) PTs and latest ratings.
Shire is based in Ireland but has most of its operations in Lexington and more than 3,000 workers in MA.
Shire (LON:SHP) had its target price lifted by research analysts at Shore Capital from GBX 3,607 ($50.31) to GBX 4,025 ($56.14) in a research report issued to clients and investors on Wednesday. The stock has "Buy" rating by Jefferies on Thursday, November 3. As per Tuesday, June 13, the company rating was maintained by BTIG Research. The firm has "Equal Weight" rating given on Tuesday, August 4 by Barclays Capital.
Shire would give Takeda a larger presence in the U.S. and access to the company's expertise in rare diseases, an increasingly important area for pharmaceutical companies. Takeda has declined about 24 percent this year, valuing the company at about $35 billion. The firm offers products in therapeutic areas, including hematology, genetic diseases, neuroscience, immunology, internal medicine, ophthalmology, and oncology.