Shares of Clinigen Group PLC (LON:CLIN) have been given an average rating of “Buy” by the six research firms that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 1,200.83 ($16.16).
A number of equities analysts recently issued reports on CLIN shares. Peel Hunt reissued an “add” rating and issued a GBX 1,200 ($16.15) price objective on shares of Clinigen Group in a report on Thursday, September 28th. N+1 Singer restated a “buy” rating and set a GBX 1,225 ($16.49) target price on shares of Clinigen Group in a research note on Wednesday, November 29th. Berenberg Bank began coverage on shares of Clinigen Group in a research note on Wednesday, November 1st. They set a “hold” rating and a GBX 1,200 ($16.15) target price on the stock. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 1,360 ($18.30) target price on shares of Clinigen Group in a research note on Tuesday, November 7th.
Shares of Clinigen Group (CLIN) traded down GBX 46.50 ($0.63) during midday trading on Friday, hitting GBX 988.50 ($13.30). 565,790 shares of the stock were exchanged, compared to its average volume of 404,240. Clinigen Group has a 12-month low of GBX 700 ($9.42) and a 12-month high of GBX 1,187 ($15.98).
Clinigen Group (LON:CLIN) last posted its quarterly earnings data on Thursday, September 28th. The company reported GBX 41.80 ($0.56) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 41.20 ($0.55) by GBX 0.60 ($0.01). The company had revenue of £302.30 million for the quarter. Clinigen Group had a net margin of 0.70% and a return on equity of 0.98%.
The business also recently disclosed a dividend, which was paid on Friday, December 1st. Stockholders of record on Thursday, November 9th were given a dividend of GBX 3.40 ($0.05) per share. The ex-dividend date was Thursday, November 9th. This represents a dividend yield of 0.32%. This is a boost from Clinigen Group’s previous dividend of $1.60.
In related news, insider Shaun Edward Chilton sold 100,000 shares of the firm’s stock in a transaction on Friday, October 13th. The shares were sold at an average price of GBX 1,150 ($15.48), for a total value of £1,150,000 ($1,547,779.27). Also, insider John Bacon sold 250,000 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of GBX 1,093 ($14.71), for a total transaction of £2,732,500 ($3,677,658.14). Over the last three months, insiders sold 354,955 shares of company stock valued at $393,289,235.
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Clinigen Group Company Profile
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