Analyst Price Target Update on Perrigo Company (NYSE:PRGO)

Perrigo Company (NYSE:PRGO): The mean estimate for the short term price target for Perrigo Company (NYSE:PRGO) stands at $132.19 according to 16 Analysts. The higher price target estimate for the stock has been calculated at $230 while the lower price target estimate is at $90.

Many analysts have stated their opinion on the company shares. In a research note released to the investors, Jefferies maintains its rating on Perrigo Company (NYSE:PRGO).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Jefferies lowers the new price target from $112 per share to $97 per share. The rating by the firm was issued on May 13, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive VP & CFO) of Perrigo Co Plc, Brown Judy L had sold 2,776 shares worth of $350,387 in a transaction dated April 13, 2016. In this transaction, 2,776 shares were sold at $126.22 per share.

Perrigo Company (NYSE:PRGO) : On Monday heightened volatility was witnessed in Perrigo Company (NYSE:PRGO) which led to swings in the share price. The stock opened for trading at $97.99 and hit $99.3 on the upside , eventually ending the session at $99.06, with a gain of 0.56% or 0.55 points. The heightened volatility saw the trading volume jump to 1,651,948 shares. The 52-week high of the share price is $198.42 and the company has a market cap of $14,188 million. The 52-week low of the share price is at $84.85 .

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