Hikma Pharmaceuticals Plc (HIK) Given Average Recommendation of “Buy” by Analysts

Shares of Hikma Pharmaceuticals Plc (LON:HIK) have received a consensus rating of “Buy” from the ten brokerages that are presently covering the stock. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 2,322.88 ($29.19).

Several analysts have recently weighed in on HIK shares. Numis Securities Ltd cut shares of Hikma Pharmaceuticals Plc to an “add” rating and set a GBX 2,350 ($29.53) price objective on the stock. in a research report on Friday, March 10th. Peel Hunt restated a “buy” rating and set a GBX 2,340 ($29.41) price objective on shares of Hikma Pharmaceuticals Plc in a research report on Friday, February 24th. Jefferies Group LLC raised their price objective on shares of Hikma Pharmaceuticals Plc from GBX 2,065 ($25.95) to GBX 2,162 ($27.17) and gave the company a “buy” rating in a research report on Tuesday, January 17th. AlphaValue restated a “buy” rating and set a GBX 2,431 ($30.55) price objective on shares of Hikma Pharmaceuticals Plc in a research report on Wednesday, November 30th. Finally, JPMorgan Chase & Co. cut shares of Hikma Pharmaceuticals Plc to a “neutral” rating and raised their price objective for the company from GBX 2,100 ($26.39) to GBX 2,400 ($30.16) in a research report on Thursday, March 16th.

Hikma Pharmaceuticals Plc (LON:HIK) opened at 1990.00 on Tuesday. The firm’s market cap is GBX 4.78 billion. Hikma Pharmaceuticals Plc has a 12 month low of GBX 1,575.00 and a 12 month high of GBX 2,703.00. The stock has a 50 day moving average price of GBX 2,070.89 and a 200 day moving average price of GBX 1,920.87.

The firm also recently announced a dividend, which will be paid on Thursday, May 25th. Investors of record on Thursday, April 6th will be issued a dividend of GBX 0.22 ($0.00) per share. The ex-dividend date is Thursday, April 6th. This represents a dividend yield of 0.78%. This is a positive change from Hikma Pharmaceuticals Plc’s previous dividend of $0.21.

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About Hikma Pharmaceuticals Plc

Hikma Pharmaceuticals Plc is a pharmaceutical company. The Company develops, manufactures and markets a range of branded and non-branded generic pharmaceutical products in solid, semi-solid, liquid and injectable final dosage forms, across the United States, the Middle East and North Africa (MENA) region and Europe.

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