Published On: Wed, Oct 19th, 2016

Shire Plc (LON:SHP) Receives Overweight Rating From Jefferies Analysts


Shire Plc (LON:SHP) had its stock rating reiterated as ‘Overweight’ in a report released by analysts at Jefferies.

Jefferies today set a target price of 6300 on the company’s stock. According to the analyst this now indicates there is a potential increase of 22.43% from Shire Plc’s current price of 5146.

LON:SHP


Over the last twelve months Shire Plc’s stock price has increased by 11.78% from 4603.72 to 5146.

There are currently 682,799,000 shares in issue with a current share value of 5146 giving Shire Plc a market capitalisation of 35.14B GBp .

Shire Plc (LON:SHP) has a 50 day moving average of 5022.47 and a 200 day moving average of 4625.73. The 52 week high for the share price is 5377 while the 52 week low for the stock is 2707.19.