Endo International plc – Ordinary Shares (ENDP) was Upgraded by Mizuho to ” Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 29 from a previous price target of $16 . Earlier the firm had a rating of “Neutral ” on the company shares. Mizuho advised their investors in a research report released on Aug 12, 2016.
Many Wall Street Analysts have commented on Endo International plc – Ordinary Shares. Company shares were Upgraded by Mizuho on Jun 13, 2016 to ” Neutral”, Firm has raised the Price Target to $ 16 from a previous price target of $13 .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 .
On the company’s financial health, Endo International plc – Ordinary Shares reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.74. The company had revenue of $920.90 million for the quarter, compared to analysts expectations of $863.91 million. The company’s revenue was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Endo International plc – Ordinary Shares opened for trading at $18.21 and hit $18.43 on the upside on Monday, eventually ending the session at $18.19, with a gain of 0.66% or 0.12 points. The heightened volatility saw the trading volume jump to 83,58,611 shares. Company has a market cap of $4,050 M.
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.