Endo International plc – Ordinary Shares (ENDP) is Downgraded by Piper Jaffray to Neutral

Endo International plc – Ordinary Shares (ENDP) was Downgraded by Piper Jaffray to ” Neutral”. Earlier the firm had a rating of “Overweight ” on the company shares. Piper Jaffray advised their investors in a research report released on May 6, 2016.

Many Wall Street Analysts have commented on Endo International plc – Ordinary Shares. Endo International plc – Ordinary Shares was Initiated by JMP Securities to “Mkt Outperform” on Apr 21, 2016. Shares were Reiterated by Deutsche Bank on Apr 18, 2016 to “Buy” and Lowered the Price Target to $ 61 from a previous price target of $65 .Shares were Reiterated by Piper Jaffray on Mar 28, 2016 to “Overweight” and Lowered the Price Target to $ 79 from a previous price target of $81 .

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 -0.76 points or -2.70% at $27.37 with 56,99,863 shares getting traded on Wednesday. Post opening the session at $27.85, the shares hit an intraday low of $26.61 and an intraday high of $28.07 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 21, 2016, William P Montague (director) sold 3,413 shares at $42.19 per share price. According to the SEC, on Mar 17, 2016, William Spengler (director) purchased 1,000 shares at $29.20 per share price. On Mar 14, 2016, Roger H Kimmel (director) purchased 1,125 shares at $41.94 per share price, according to the Form-4 filing with the securities and exchange commission.

Endo International plc - Ordinary Shares

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