Bank of America Reinstates Express Scripts Holding Company to Neutral

Brokerage firm Bank of America Reinstates its rating on Express Scripts Holding Company(NASDAQ:ESRX). The shares have been rated Neutral. The rating by Bank of America was issued on Jun 7, 2016.

In a different note, On Apr 26, 2016, Credit Suisse said it Maintains its rating on Express Scripts Holding Company. In the research note, the firm Raises the price-target to $83.00 per share. The shares have been rated ‘Outperform’ by the firm. On Apr 4, 2016, Cowen & Company said it Upgrades its rating on Express Scripts Holding Company. In the research note, the firm Raises the price-target to $76.00 per share. The shares have been rated ‘Outperform’ by the firm. On Mar 23, 2016, Leerink Swann said it Maintains its rating on Express Scripts Holding Company. In the research note, the firm Lowers the price-target to $80.00 per share. The shares have been rated ‘Market Perform’ by the firm. Credit Suisse said it Initiates Coverage on Express Scripts Holding Company, according to a research note issued on Mar 15, 2016. The shares have been rated ‘Outperform’ by the firm.

Express Scripts Holding Company (ESRX) shares turned negative on Fridays trading session with the shares closing down -1.02 points or -1.33% at a volume of 36,27,398. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $76.53. The peak price level was also seen at $76.53 while the days lowest was $75.59. Finally the shares closed at $75.91. The 52-week high of the shares is $94.61 while the 52-week low is $65.55. According to the latest information available, the market cap of the company is $48,016 M.

Express Scripts Holding Company(ESRX) last announced its earnings results on Apr 25, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $24.79B. Analysts had an estimated revenue of $25.20B. Earnings per share were $1.22. Analysts had estimated an EPS of $1.22.

Several Insider Transactions has been reported to the SEC. On May 11, 2016, Everett Neville (Senior VP, Supply Chain) sold 800 shares at $74.11 per share price.Also, On May 3, 2016, Mahon Thomas P Mac (director) sold 5,482 shares at $73.93 per share price.On Mar 11, 2016, Christopher A Mcginnis (VP, Controller & Ch. Acct. Off) sold 579 shares at $68.56 per share price, according to the Form-4 filing with the securities and exchange commission.

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