Numis Securities Ltd upgraded shares of Hikma Pharmaceuticals Plc (LON:HIK) to a buy rating in a research note issued to investors on Thursday morning. They currently have GBX 1,300 ($17.10) target price on the stock.
A number of other equities analysts also recently weighed in on HIK. Jefferies Group LLC restated a hold rating and issued a GBX 1,045 ($13.74) target price on shares of Hikma Pharmaceuticals Plc in a research note on Thursday. J P Morgan Chase & Co restated a neutral rating on shares of Hikma Pharmaceuticals Plc in a research note on Friday, September 29th. Citigroup Inc. restated a neutral rating and issued a GBX 1,350 ($17.76) target price on shares of Hikma Pharmaceuticals Plc in a research note on Thursday, August 24th. Barclays PLC cut their target price on Hikma Pharmaceuticals Plc from GBX 2,200 ($28.94) to GBX 1,500 ($19.73) and set an overweight rating on the stock in a research note on Friday, August 25th. Finally, Peel Hunt restated a hold rating and issued a GBX 2,150 ($28.28) target price on shares of Hikma Pharmaceuticals Plc in a research note on Thursday, August 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. Hikma Pharmaceuticals Plc currently has a consensus rating of Hold and a consensus target price of GBX 1,321.91 ($17.39).
Shares of Hikma Pharmaceuticals Plc (LON:HIK) traded down GBX 17.04 ($0.22) during midday trading on Thursday, hitting GBX 981.46 ($12.91). The stock had a trading volume of 2,310,000 shares, compared to its average volume of 823,245. Hikma Pharmaceuticals Plc has a 12-month low of GBX 934 ($12.28) and a 12-month high of GBX 2,346 ($30.86).
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Hikma Pharmaceuticals Plc Company Profile
Hikma Pharmaceuticals Plc is a pharmaceutical company. The Company is focused on developing, manufacturing and marketing a range of both branded and non-branded generic and in-licensed products. The Company’s segments include Branded, Injectables, Generics and Others. It sells branded generics and in-licensed patented products across the Middle East and North Africa (MENA) region and other markets.
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