Trade Report: Today, Shire PLC’s (SHP) “Overweight” Rating Reiterate at JPMorgan Chase & Co.

Today, Shire PLC’s (SHP) “Overweight” Rating Reiterate at JPMorgan Chase & Co.

Shire PLC (LON:SHP)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday.

SHP has been the topic of several other reports. Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 6,300 ($78.71) target price on shares of Shire PLC in a research report on Wednesday, October 12th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 6,200 ($77.46) target price on shares of Shire PLC in a research report on Wednesday, October 12th. HSBC downgraded Shire PLC to a “hold” rating and cut their target price for the company from GBX 5,400 ($67.47) to GBX 5,250 ($65.59) in a research report on Monday, September 26th. Bryan, Garnier & Co reissued a “buy” rating and issued a GBX 6,900 ($86.21) target price on shares of Shire PLC in a research report on Monday, October 17th. Finally, Jefferies Group reissued an “overweight” rating and issued a GBX 6,300 ($78.71) target price on shares of Shire PLC in a research report on Wednesday, October 19th. One equities research analyst has rated the stock with a sell rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. Shire PLC has an average rating of “Buy” and an average target price of GBX 5,992.27 ($74.87).

Shares of Shire PLC (LON:SHP) traded up 0.83% during trading on Tuesday, hitting GBX 4689.00. The stock had a trading volume of 2,134,202 shares. The firm has a 50 day moving average price of GBX 4,877.05 and a 200 day moving average price of GBX 4,732.37. The firm’s market cap is GBX 42.21 billion. Shire PLC has a 12-month low of GBX 2,707.19 and a 12-month high of GBX 5,562.83.

In related news, insider Dominic Blakemore purchased 133 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The shares were purchased at an average cost of GBX 5,010 ($62.59) per share, with a total value of £6,663.30 ($8,324.96).

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