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Shire PLC 35.8% Potential Upside Indicated by Deutsche Bank

Shire PLC using EPIC/TICKER code (LON:SHP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Shire PLC are listed in the Health Care sector within UK Main Market. Deutsche Bank have set a target price of 5000 GBX on its stock. This is indicating the analyst believes there is a potential upside of 35.8% from the opening price of 3682 GBX. Over the last 30 and 90 trading days the company share price has decreased 78.5 points and decreased 153 points respectively. The 1 year high for the share price is 5067 GBX while the year low share price is currently 3435.5 GBX.

Shire PLC has a 50 day moving average of 3,762.29 GBX and the 200 Day Moving Average price is recorded at 4,118.27. There are currently 912,073,750 shares in issue with the average daily volume traded being 2,243,893. Market capitalisation for LON:SHP is £33,391,019,988 GBP.

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