Roche Holding AG (RHHVF) Receives a Hold from Deutsche Bank


Deutsche Bank analyst Emmanuel Papadakis maintained a Hold rating on Roche Holding AG (RHHVF) today and set a price target of CHF325.00. The company’s shares closed last Tuesday at $331.20.

According to TipRanks.com, Papadakis is a 2-star analyst with an average return of 1.0% and a 55.4% success rate. Papadakis covers the Healthcare sector, focusing on stocks such as Sanofi-Aventis Sa, GlaxoSmithKline, and Sanofi.

The word on The Street in general, suggests a Hold analyst consensus rating for Roche Holding AG with a $369.79 average price target, representing an 11.0% upside. In a report issued on March 16, Jefferies also downgraded the stock to Hold with a CHF330.00 price target.

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The company has a one-year high of $378.47 and a one-year low of $281.04. Currently, Roche Holding AG has an average volume of 6,164.

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Roche Holding AG operates as a research healthcare company. It operates through the following segments: Diagnostics and Pharmaceuticals. The Pharmaceutical segment refers to development of medicines in the field of oncology, immunology, ophthalmology, infectious diseases and neuroscience. The Diagnostic segment refers to diagnosis of diseases through an in vitro diagnostics process. The company was founded by Fritz Hoffmann-La Roche on October 1, 1896 and is headquartered in Basel, Switzerland.

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