♔ The Trade Off
Berenberg Bank Remains a Buy on AstraZeneca (AZN)
Berenberg Bank analyst maintained a Buy rating on AstraZeneca yesterday and set a price target of $95.00. The company’s shares closed yesterday at $95.16.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for AstraZeneca with a $102.40 average price target.
Based on AstraZeneca’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $15.19 billion and a net profit of $2.53 billion. In comparison, last year the company earned a revenue of $13.57 billion and had a net profit of $1.43 billion
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