In a report issued on August 24, Erin Wright from Credit Suisse upgraded Icon plc (NASDAQ: ICLR) to Buy, with a price target of $159. The company’s shares closed on Friday at $144.49, close to its 52-week high of $149.69.
According to TipRanks.com, Wright is a 4-star analyst with an average return of 11.0% and a 66.9% success rate. Wright covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Charles River Labs, and Cotiviti Holdings.
Currently, the analyst consensus on Icon plc is a Moderate Buy with an average price target of $151.71.
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The company has a one-year high of $149.69 and a one-year low of $101.22. Currently, Icon plc has an average volume of 226.5K.
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ICON plc is a contract research organization, which engages in the provision of outsourced development services to the pharmaceutical, biotechnology, and medical device industries. It operates through the following geographical segments: Ireland, Rest of Europe, United States, and Other.
