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.
PRGO was given price targets by several analysts. The maximum price target given was 88, implying potential capital gains of 15.42 percent. The minimum price target given was 60, implying potential capital losses of -21.3 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.55 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -14.28 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.23 percent, compared to last month. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
PRGO has traded between a high of 99.14 and a low of 65.47 over the past year. Today's price is 16.45 percent above the 52-week low, and 23.1 percent lower than its 52-week high. PRGO has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.