Perrigo (PRGO) Price Target & New Coverage by Leerink Partners

In an analyst report revealed to investors on Wednesday morning, Leerink Partners analyst just has initiated coverage of Perrigo (PRGO) with Mkt Perform Rating. The target price is set to $90.0.

According to data compiled by Thomson Reuters, Perrigo (PRGO)’s stock is covered by 16 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $121.75, which reflects an upside potential of ∞% over the current price.

Institutional Ownership

Starboard Value Lp had the biggest stake with ownership of 5.90M shares as of Q2 2015 for 14.8% of the stock exposure. Accipiter Capital Management Llc is another quite bullish investment manager who is owning 207,291 shares of Perrigo or 9.27% of their stock exposure. In addition, North Run Capital Lp have 6.38% of their stock exposure invested in the company for 440,000 shares. The Pennsylvania-based fund Symons Capital Management Inc revealed it had acquired so far a stake worth about 5.07% of the investment manager’s stock portfolio in Perrigo. The California-based fund Blue Jay Capital Management Llc is also positive about the stock, possessing 224,236 shares or 5.04% of their stock exposure.

Perrigo (PRGO) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Perrigo has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

Get the latest Perrigo (PRGO) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Leerink Partners Has Initiated Coverage on Perrigo (PRGO) Stock with Mkt Perform Rating and $90.0 Target appeared first on Octafinance.