Aspen Pharmacare (APNHY) Stock Rating Upgraded by Zacks Investment Research

Aspen Pharmacare (NASDAQ:APNHY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Thursday. The firm presently has a $25.00 target price on the stock. Zacks Investment Research‘s price objective suggests a potential upside of 9.82% from the stock’s current price.

According to Zacks, “Aspen Pharmacare Holdings Limited provide specialty, branded and generic pharmaceuticals for acute and chronic conditions. It operates primarily in Sub-Saharan Africa, Latin America, South East Asia and Eastern Europe. Aspen Pharmacare Holdings Limited is headquartered in Durban, South Africa. “

Shares of Aspen Pharmacare (NASDAQ:APNHY) opened at 22.765 on Thursday. Aspen Pharmacare has a 52 week low of $18.75 and a 52 week high of $24.30. The stock has a market cap of $10.38 billion and a PE ratio of 26.348. The company’s 50-day moving average is $22.98 and its 200 day moving average is $21.80.

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