Impact of Brokerage Rating on Perrigo Company(PRGO)

Many Perrigo Company(PRGO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Perrigo Company plc Ordinary Shares was Reiterated by Jefferies on Jan 23, 2017 to Hold, Lowers Price Target to $ 70 from a previous price target of $84 .Perrigo Company plc Ordinary Shares was Reiterated by RBC Capital Mkts on Jan 17, 2017 to Sector Perform, Lowers Price Target to $ 85 from a previous price target of $92 .

Company has reported several Insider transactions to the SEC, on Nov 28, 2016, Judy L Brown (EVP, Business Ops & CFO) sold 2,097 shares at 89.44 per share price.On Nov 23, 2016, Todd W Kingma (Executive VP, General Counsel) sold 750 shares at 88.68 per share price.On Nov 21, 2016, Geoffrey M. Parker (director) purchased 2,500 shares at 88.75 per share price.

Perrigo Company plc Ordinary Shares Last issued its quarterly earnings results on Nov 10, 2016. The company reported $1.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $1.56. The company had revenue of $1354.90 million for the quarter, compared to analysts expectations of $1279.65 million. The companys revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.76 EPS.

Perrigo Company (NYSE:PRGO) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.57 by 14 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold.

Perrigo Company (NYSE:PRGO) stock has received a short term price target of $ 94.6 from 15 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $14.12. The higher estimate of target price is $125 , while the lower price target estimate is $70

Perrigo Company (NYSE:PRGO) rose 2.46% or 1.97 points on Tuesday and made its way into the gainers of the day. After trading began at $79.94 the stock was seen hitting $82.56 as a peak level and $79.94 as the lowest level. The stock ended up at $82.13. The daily volume was measured at 1,498,160 shares. The 52-week high of the share price is $146.16 and the 52-week low is $71.84. The company has a market cap of $11,775 million.

Perrigo Company plc develops, manufactures and distributes healthcare products. The company operates primarily in four segments: Consumer Healthcare, Nutritionals, Rx Pharmaceutical and Active Pharmaceutical Ingredients. It also provides animal health products. The company operates primarily in the United States, the United Kingdom, Mexico, Israel, Australia, Canada, China and Latin America. Perrigo Company plc formerly known as Perrigo Company is headquartered in Ireland.


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