Deutsche Bank Believes AstraZeneca (AZN) Won’t Stop Here


According to The Fly, deutsche Bank analyst Richard Parkes maintained a Buy rating on AstraZeneca (AZN) today. The company’s shares opened today at $40.91, close to its 52-week high of $41.39.

Parkes has an average return of 4.0% when recommending AstraZeneca.

According to TipRanks.com, Parkes is ranked #3245 out of 4900 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AstraZeneca with a $50 average price target, a 22.2% upside from current levels. In a report issued on November 9, BMO Capital also assigned a Buy rating to the stock with a $45 price target.

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The company has a one-year high of $41.39 and a one-year low of $31.99. Currently, AstraZeneca has an average volume of 4.18M.

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