Jefferies Believes Eli Lilly & Co (LLY) Still Has Room to Grow


Jefferies analyst Ian Hilliker maintained a Buy rating on Eli Lilly & Co (NYSE: LLY) on July 13 and set a price target of $100. The company’s shares closed on Friday at $89.71, close to its 52-week high of $89.87.

According to TipRanks.com, Hilliker is a 2-star analyst with an average return of 2.4% and a 64.3% success rate. Hilliker covers the Healthcare sector, focusing on stocks such as Johnson & Johnson, Merck & Company, and Bristol Myers.

Eli Lilly & Co has an analyst consensus of Moderate Buy, with a price target consensus of $92.83, which is a 3.5% upside from current levels. In a report issued on July 9, Cantor Fitzgerald also maintained a Buy rating on the stock with a $100 price target.

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Eli Lilly & Co’s market cap is currently $97.37B and has a P/E ratio of 79.13. The company has a Price to Book ratio of 6.70.

Based on the recent corporate insider activity of 109 insiders, corporate insider sentiment is negative on the stock.

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Eli Lilly & Co. engages in the discovery, development, manufacture and sale of pharmaceutical products. It operates through two segments: Human Pharmaceutical Products and Animal Health.

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