Hikma Pharmaceuticals PLC (LON:HIK – Get Rating) has been given an average rating of “Hold” by the six analysts who currently cover the company, reports MarketBeat Ratings. Five research analysts rated the stock with a hold recommendation and one gave the company a buy recommendation. The average 1-year price target among brokers who updated their coverage on the stock in the past year is 2,262 GBX ($27.33).

HIK has been the subject of several research reports. Barclays reiterated an “equal weight” rating and set a price target of 1,750 GBX ($21.15) on Hikma Pharmaceuticals shares in a Wednesday, August 31 research report. JPMorgan Chase & Co. lowered its price target on Hikma Pharmaceuticals from 1,900 GBX ($22.96) to 1,760 GBX ($21.27) and set a “neutral” rating for the company in a Thursday report August 11.

Hikma Pharmaceuticals sources 1.5%

Shares of LON HIK opened at 1,285.50 GBX ($15.53) on Friday. The company’s 50-day simple moving average is 1,552.96 GBX and its 200-day simple moving average is 1,745.34 GBX. The company has a market capitalization of £2.83 billion and a price to earnings ratio of 988.85. The company has a quick ratio of 1.27, a current ratio of 2.12 and a debt ratio of 70.79. Hikma Pharmaceuticals has a 12-month low of 1,244 GBX ($15.03) and a 12-month high of 2,550.15 GBX ($30.81).

Hikma Pharmaceuticals cuts its dividend

The company also recently announced a dividend, which will be paid on Monday, September 19. Shareholders of record on Thursday August 18 will receive a dividend of $0.19 per share. The ex-dividend date is Thursday, August 18. This represents a return of 0.89%. Hikma Pharmaceuticals’ dividend payout ratio is currently 40.03%.

Hikma Pharmaceuticals Company Profile

(Get a rating)

Hikma Pharmaceuticals PLC develops, manufactures, markets and sells a range of generic, branded and licensed pharmaceutical products. The Company offers its products in solid, semi-solid, liquid and injectable final dosage forms. It operates through three segments: injectables, generics and branded.

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