Price Target Update on Perrigo Company (NYSE:PRGO)

Perrigo Company (NYSE:PRGO) : Currently there are 14 street experts covering Perrigo Company (NYSE:PRGO) stock. The most bullish and bearish price target for the stock is $190 and $90 respectively for the short term. The average price target of all the analysts comes to $121.29. The estimated standard deviation from the target is $30.75.

Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Jefferies maintains its outlook on Perrigo Company (NYSE:PRGO). The current rating of the shares is Hold, according to the research report released by the firm. The brokerage firm lowers the price target from $112 per share to $97 per share. The rating by the firm was issued on May 13, 2016.

Perrigo Company (NYSE:PRGO): stock turned positive on Thursday. Though the stock opened at $94.64, the bulls momentum made the stock top out at $95.2 level for the day. The stock recorded a low of $93.9 and closed the trading day at $95.2, in the green by 1.48%. The total traded volume for the day was 2,419,511. The stock had closed at $93.81 in the previous days trading.

The company shares have dropped -50.42% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $198.42 and the one year low was seen on May 13, 2016. The 50-Day Moving Average price is $95.84 and the 200 Day Moving Average price is recorded at $124.63. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Brown Judy L, officer (Executive VP & CFO) of Perrigo Co Plc, had unloaded 2,776 shares at an average price of $126.22 in a transaction dated on April 13, 2016. The total value of the transaction was worth $350,387.

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