Barclays Reiterates Equal Weight Rating for Hikma Pharmaceuticals (LON:HIK)

Hikma Pharmaceuticals (LON:HIK - Get Free Report)'s stock had its "equal weight" rating reaffirmed by investment analysts at Barclays in a research note issued to investors on Monday, Marketbeat Ratings reports. They presently have a GBX 2,000 ($25.31) price target on the stock. Barclays's price objective would indicate a potential upside of 8.75% from the stock's current price.

Separately, Berenberg Bank increased their price target on Hikma Pharmaceuticals from GBX 1,960 ($24.81) to GBX 2,000 ($25.31) and gave the company a "hold" rating in a research report on Monday, February 26th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Hikma Pharmaceuticals currently has an average rating of "Moderate Buy" and a consensus price target of GBX 2,068.75 ($26.18).

Read Our Latest Stock Analysis on HIK

Hikma Pharmaceuticals Trading Down 1.3 %

Shares of Hikma Pharmaceuticals stock traded down GBX 24 ($0.30) during trading hours on Monday, hitting GBX 1,839 ($23.28). The company's stock had a trading volume of 182,316 shares, compared to its average volume of 437,089. Hikma Pharmaceuticals has a 12 month low of GBX 1,711 ($21.66) and a 12 month high of GBX 2,222 ($28.12). The stock has a 50 day moving average of GBX 1,923.57 and a 200 day moving average of GBX 1,894.59. The company has a market capitalization of £4.08 billion, a PE ratio of 2,744.78, a price-to-earnings-growth ratio of 2.38 and a beta of 0.45. The company has a debt-to-equity ratio of 53.92, a current ratio of 1.57 and a quick ratio of 1.27.


About Hikma Pharmaceuticals

(Get Free Report)

Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. The company offers its products in solid, semi-solid, liquid, and injectable final dosage forms in North America, the Middle East, North Africa, and Europe. It operates through three segments: Injectables, Generics, and Branded.

Further Reading

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