Perrigo Company (PRGO) : Traders are bullish on Perrigo Company (PRGO) as it has outperformed the S&P 500 by a wide margin of 3.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.62%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.17% in the last 1 week, and is up 1.6% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.49% and the 50-Day Moving Average is 1.99%.The 200 Day SMA reached 18.85% Perrigo Company plc has dropped 4.68% during the last 3-month period . Year-to-Date the stock performance stands at -35.25%.
Perrigo Company (PRGO) has been rated by 15 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $165 and the lowest price target forecast is $81. The average forecast of all the analysts is $102.2 and the expected standard deviation is $21.71.
Company shares have received an average consensus rating of Hold for the current week Perrigo Company (NYSE:PRGO): stock was range-bound between the intraday low of $92.525 and the intraday high of $94.71 after having opened at $93.7 on Fridays session. The stock finally closed in the red at $93.7, a loss of -0.69%. The stock remained in the red for the whole trading day. The total traded volume was 4,258,590 shares. The stock failed to cross $94.71 in Fridays trading. The stocks closing price on Thursday was $93.95.