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Shire PLC 30.2% Potential Upside Indicated by JP Morgan Cazenove

Shire PLC using EPIC/TICKER code (LON:SHP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Shire PLC are listed in the Health Care sector within UK Main Market. JP Morgan Cazenove have set their target price at 5300 GBX on its stock. This now indicates the analyst believes there is a possible upside of 30.2% from today’s opening price of 4070 GBX. Over the last 30 and 90 trading days the company share price has increased 277 points and decreased 208 points respectively. The 1 year high for the share price is 5377 GBX while the 52 week low for the share price is 3603.5 GBX.

Shire PLC has a 50 day moving average of 4,083.21 GBX and a 200 day moving average of 4,518.49. There are currently 900,085,409 shares in issue with the average daily volume traded being 1,947,851. Market capitalisation for LON:SHP is £36,174,432,588 GBP.

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