Analyst Ratings for Perrigo Co. PLC (PRGO)Updated: 2017-07-27
An average rating of Hold has been given to Perrigo Co. PLC (NYSE:PRGO) by analysts covering the stock. A consensus rating of Hold was previously issued for PRGO last month.
A buy rating was issued by 5 analysts, 0 issued an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 3 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
Several price targets were given for PRGO by the analysts covering the stock. The most optimistic price target was 88, which equates to a potential upside of 15.42 percent. The minimum price target given was 60, which equates to a potential downside of -21.3 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0.55 percent. That number becomes -14.28 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.23 percent. If we look at the last 90 days instead, we find a net average change of -6.22 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
In the last 52-weeks, PRGO has achieved a high of 99.14 and a low of 65.47. Today's price is 16.45 percent above the 52-week low, and below the high by 23.1 percent. PRGO has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PRGO value stock report compares PRGO to some of its peers using value stock charts. The market cap of PRGO is $10.94 billion. PRGO will post this quarters earnings in days, on 0000-00-00.