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Shire PLC 39.1% Potential Upside Indicated by Jefferies International

Shire PLC using EPIC/TICKER code LON:SHP has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Jefferies International. Shire PLC are listed in the Health Care sector within UK Main Market. Jefferies International have set a target price of 6600 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 39.1% from the opening price of 4746 GBX. Over the last 30 and 90 trading days the company share price has increased 242.5 points and decreased 52 points respectively.

 
Shire PLC LON:SHP has a 50 day moving average of 4,607.04 GBX and the 200 Day Moving Average price is recorded at 4,759.38 GBX. The 1 year high for the share price is 5377 GBX while the 52 week low for the share price is 2707.19 GBX. There are currently 902,496,956 shares in issue with the average daily volume traded being 2,194,462. Market capitalisation for LON:SHP is £43,455,228,431 GBP.

 

Shire PLC is a biotech company. The Company, along with its subsidiaries, is engaged in developing and marketing medicines for patients with rare diseases and other select conditions. The Company operates in the segment of research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines.

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