AstraZeneca PLC (LON:AZN – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of £113.89 ($147.32) and traded as high as £120.20 ($155.48). AstraZeneca shares last traded at £119.94 ($155.14), with a volume of 1,437,588 shares traded.
Analyst Ratings Changes
Several research firms have weighed in on AZN. Berenberg Bank reiterated a “buy” rating and issued a GBX 140 ($1.81) price target on shares of AstraZeneca in a research report on Monday, January 27th. Shore Capital restated a “buy” rating on shares of AstraZeneca in a research report on Friday, March 7th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of AstraZeneca in a research report on Wednesday, February 19th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 7,542.80 ($97.57).
AstraZeneca Stock Up 0.9 %
About AstraZeneca
AstraZeneca (LSE/STO/Nasdaq: AZN) is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three therapy areas – Oncology, Cardiovascular, Renal & Metabolism, and Respiratory & Immunology.
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