Endo International plc – Ordinary Shares (ENDP) is Upgraded by Mizuho to Neutral, Raises Price Target to $ 16

Endo International plc – Ordinary Shares (ENDP) was Upgraded by Mizuho to ” Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 16 from a previous price target of $13 . Earlier the firm had a rating of “Underperform ” on the company shares. Mizuho advised their investors in a research report released on Jun 13, 2016.

Many Wall Street Analysts have commented on Endo International plc – Ordinary Shares. Goldman Initiated Endo International plc – Ordinary Shares on Jun 6, 2016 to “Neutral”, Price Target of the shares are set at $20.Shares were Reiterated by Stifel on May 18, 2016 to “Buy” and Lowered the Price Target to $ 25 from a previous price target of $75 .Shares were Reiterated by Deutsche Bank on May 9, 2016 to “Buy” and Lowered the Price Target to $ 31 from a previous price target of $61 .

On the company’s financial health, Endo International plc – Ordinary Shares reported $1.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 5, 2016. Analyst had a consensus of $1.04. The company had revenue of $963.54 million for the quarter, compared to analysts expectations of $956.08 million. The company’s revenue was up 34.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.17 EPS.

Endo International plc – Ordinary Shares closed down -1.52 points or -8.44% at $16.48 with 1,13,39,831 shares getting traded on Friday. Post opening the session at $17.72, the shares hit an intraday low of $16.4 and an intraday high of $17.87 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on May 18, 2016, Douglas S Ingram (director) sold 4,513 shares at $26.59 per share price. According to the SEC, on May 12, 2016, Arthur J Higgins (director) purchased 5,000 shares at $13.80 per share price. On May 11, 2016, Roger H Kimmel (director) purchased 7,000 shares at $15.57 per share price, according to the Form-4 filing with the securities and exchange commission.

Endo International plc - Ordinary Shares

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