Analyst Rating Update on Perrigo Company (PRGO)

Perrigo Company (PRGO) : 5 brokerage houses believe that Perrigo Company (PRGO) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Perrigo Company (PRGO). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.44.

Perrigo Company (PRGO) : 14 Wall Street analysts covering Perrigo Company (PRGO) believe that the average level the stock could reach for the short term is $120.93. The maximum price target given is $190 and the minimum target for short term is around $90, hence the standard deviation is calculated at $30.93.

Company shares have received an average consensus rating of Hold for the current week


Perrigo Company (NYSE:PRGO): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $91.10 and $90.80 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $94.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $94.25, notching a gain of 2.88% for the day. The total traded volume was 1,223,992 . The stock had closed at $91.61 on the previous day.

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