GW Pharmaceuticals PLC- ADR (GWPH) is Reiterated by Cantor Fitzgerald to Buy, Raises Price Target to $ 182

GW Pharmaceuticals PLC- ADR (GWPH) was Reiterated by Cantor Fitzgerald to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 182 from a previous price target of $165 . Cantor Fitzgerald advised their investors in a research report released on Sep 26, 2016.

Many Wall Street Analysts have commented on GW Pharmaceuticals PLC- ADR. GW Pharmaceuticals PLC- ADR was Upgraded by Numis to ” Hold” on Aug 26, 2016. Shares were Reiterated by Cantor Fitzgerald on Aug 9, 2016 to “Buy” and Lowered the Price Target to $ 165 from a previous price target of $181 .

On the company’s financial health, GW Pharmaceuticals PLC- ADR reported $-0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $-0.10. The company had revenue of $2.30 million for the quarter, compared to analysts expectations of $2.76 million. The company’s revenue was down -73.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.085 EPS.

GW Pharmaceuticals PLC- ADR opened for trading at $108.03 and hit $110.6799 on the upside on Thursday, eventually ending the session at $109.76, with a gain of 1.67% or 1.8 points. The heightened volatility saw the trading volume jump to 3,32,221 shares. Company has a market cap of $2,389 M.

GW Pharmaceuticals plc is a United Kingdom-based biopharmaceutical company. The Company is engaged developing a portfolio of cannabinoid medicines including Sativex for the treatment of multiple sclerosis spasticity and cancer pain and Epidiolex for the treatment of childhood epilepsy. The Company also engaged in developing cannabinoids medicines containing controlled substances as well as plant-based prescription pharmaceutical products. The Company’s product Sativex is approved in 27 countries and is used as a treatment for symptom improvement in patients with moderate to severe spasticity due to multiple sclerosis (MS). The Sativex is also in Phase III clinical development for the treatment of cancer pain the indication for the United States market.

GW Pharmaceuticals PLC- ADR

Leave a Reply

GW Pharmaceuticals PLC- ADR - Is it time to Sell?

Top Brokerage Firms are advising their investors on GW Pharmaceuticals PLC- ADR. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.