Uniphar (LON:UPR) Reaches New 52-Week High - Still a Buy?

Key Points

• Uniphar plc shares reached a new 52-week high of GBX 350 ($4.72) during trading, reflecting strong market interest.
• Brokerages maintain a mixed outlook on Uniphar with Shore Capital issuing a "buy" rating and a target price of GBX 375, while Deutsche Bank issued a "hold" rating.
• The company operates in the healthcare sector, serving over 200 pharmaceutical and medical technology manufacturers with a market capitalization of £1.07 billion.

Uniphar plc (LON:UPR - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 350 ($4.72) and last traded at GBX 349.05 ($4.71), with a volume of 11034 shares changing hands. The stock had previously closed at GBX 338.50 ($4.56).

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on UPR. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 375 target price on shares of Uniphar in a research report on Wednesday, July 30th. Shore Capital reiterated a "buy" rating on shares of Uniphar in a research report on Thursday, May 29th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 375.

Uniphar Stock Up 1.9%

The company has a current ratio of 0.90, a quick ratio of 0.60 and a debt-to-equity ratio of 119.48. The company has a market capitalization of £1.07 billion, a price-to-earnings ratio of 23.99 and a beta of 0.75. The firm's fifty day simple moving average is GBX 330.07 and its two-hundred day simple moving average is GBX 276.30.

About Uniphar

Headquartered in Dublin, Ireland Uniphar plc is a diversified healthcare services business servicing the requirements of more than 200 multinational pharmaceutical and medical technology manufacturers across three divisions – Commercial & Clinical, Product Access and Supply Chain & Retail. With a workforce of more than 2,000, the Group is active in Ireland, the UK and the Benelux.

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