Analyst Rating Update on Perrigo Company (PRGO)

Perrigo Company (NYSE:PRGO) has an average broker rating of 2.56, which is interpreted as a Hold, as rated by 16 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

Perrigo Company (NYSE:PRGO) : Currently there are 14 street experts covering Perrigo Company (NYSE:PRGO) stock. The most bullish and bearish price target for the stock is $190 and $90 respectively for the short term. The average price target of all the analysts comes to $121.29. The estimated standard deviation from the target is $30.75.

Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Argus Research downgrades its outlook on Perrigo Company (NYSE:PRGO). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on June 20, 2016.

Perrigo Company (NYSE:PRGO): On Tuesdays trading session , Opening price of the stock was $89.04 with an intraday high of $89.07. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $86.34. However, the stock managed to close at $87.27, a loss of 0.55% for the day. On the previous day, the stock had closed at $87.75. The total traded volume of the day was 2,412,720 shares.

In an insider trading activity,The officer (Executive VP & CFO) of Perrigo Co Plc, Brown Judy L sold 2,776 shares at $126.22 on April 13, 2016. The Insider selling transaction had a total value worth of $350,387. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.