Jefferies Sticks to Its Buy Rating for AstraZeneca (AZN)
In a report released today, Michael Leuchten from Jefferies maintained a Buy rating on AstraZeneca, with a price target of £180.00.
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Leuchten covers the Healthcare sector, focusing on stocks such as Novo Nordisk, AstraZeneca, and GlaxoSmithKline. According to TipRanks, Leuchten has an average return of -4.7% and a 50.44% success rate on recommended stocks.
In addition to Jefferies, AstraZeneca also received a Buy from Barclays’s James Gordon CFA in a report issued today. However, yesterday, Deutsche Bank maintained a Sell rating on AstraZeneca (LSE: AZN).
Based on AstraZeneca’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p15.5 billion and a net profit of p2.33 billion. In comparison, last year the company earned a revenue of p14.54 billion and had a net profit of p1.46 billion
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