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Shire PLC 82.9% Potential Upside Indicated by Citigroup

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 Citigroup. Shire PLC are listed in the Health Care sector within UK Main Market. Citigroup have set a target price of 5500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 82.9% from the opening price of 3006.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 504.5 points and decreased 727.5 points respectively. The 52 week high for the share price is currently at 5067 GBX while the 52 week low for the stock is 2940.5 GBX.

Shire PLC has a 50 day moving average of 3,573.02 GBX and a 200 Day Moving Average share price is recorded at 3,937.85. There are currently 910,368,755 shares in issue with the average daily volume traded being 3,038,756. Market capitalisation for LON:SHP is £26,842,222,741 GBP.