Morgan Stanley Reiterates “GBX 5,000” Price Target for AstraZeneca plc (AZN)

Morgan Stanley set a GBX 5,000 ($65.76) target price on AstraZeneca plc (LON:AZN) in a research report report published on Friday. The brokerage currently has a neutral rating on the biopharmaceutical company’s stock.

Other research analysts have also issued reports about the stock. Liberum Capital reissued a buy rating and issued a GBX 5,500 ($72.34) target price on shares of AstraZeneca plc in a report on Thursday, July 27th. Kepler Capital Markets reissued a buy rating and issued a GBX 5,500 ($72.34) target price on shares of AstraZeneca plc in a report on Thursday, July 13th. Citigroup Inc. reaffirmed a buy rating and set a GBX 6,000 ($78.92) price objective on shares of AstraZeneca plc in a research note on Thursday, July 13th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 5,700 ($74.97) price objective on shares of AstraZeneca plc in a research note on Friday, July 28th. Finally, Berenberg Bank set a GBX 5,500 ($72.34) price objective on shares of AstraZeneca plc and gave the stock a buy rating in a research note on Friday, July 28th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company’s stock. AstraZeneca plc currently has an average rating of Hold and an average target price of GBX 5,247.18 ($69.01).

AstraZeneca plc (LON AZN) opened at GBX 4,932.50 ($64.88) on Friday. AstraZeneca plc has a fifty-two week low of GBX 3,996 ($52.56) and a fifty-two week high of GBX 5,520 ($72.60).

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AstraZeneca plc Company Profile

AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience.

Analyst Recommendations for AstraZeneca plc (LON:AZN)

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