Dechra Pharmaceuticals (LON:DPH) has earned a consensus rating of “Buy” from the seven research firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,121.17 ($29.77).
Several research firms have weighed in on DPH. Numis Securities restated an “add” rating and set a GBX 2,260 ($31.72) target price on shares of Dechra Pharmaceuticals in a report on Thursday, January 18th. Jefferies Group restated a “hold” rating and set a GBX 2,221 ($31.18) target price on shares of Dechra Pharmaceuticals in a report on Wednesday, January 17th. Finally, Royal Bank of Canada downgraded shares of Dechra Pharmaceuticals to a “sector performer” rating and raised their target price for the company from GBX 2,200 ($30.88) to GBX 2,400 ($33.69) in a report on Thursday, February 1st.
LON:DPH traded up GBX 14 ($0.20) during mid-day trading on Monday, hitting GBX 2,780 ($39.02). 182,395 shares of the company’s stock traded hands, compared to its average volume of 282,452. Dechra Pharmaceuticals has a 1 year low of GBX 1,622 ($22.77) and a 1 year high of GBX 2,720 ($38.18).
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About Dechra Pharmaceuticals
Dechra Pharmaceuticals plc develops, manufactures, sells, and markets veterinary pharmaceuticals and related products for veterinarians worldwide. The company operates through the European Pharmaceuticals, the North American Pharmaceuticals, and the Pharmaceuticals Research and Development segments. It offers various endocrinology, dermatology and care, anesthesia and analgesia, cardiovascular disease, ophthalmology, and equine medicine products; food producing animal antimicrobials; poultry vaccines; and pet diets.
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