You are here

Prices & Quotes - UK Markets - Hikma Pharmaceuticals (HIK)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 2,314.00p
Change Today:
4.00p
Market Cap:
5,340m
Sector:
Pharmaceuticals & Biotechnology

Jefferies upgrades Hikma to 'buy'

By Iain Gilbert

Date: Wednesday 31 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Jefferies upgraded drugmaker Hikma Pharmaceuticals from 'hold' to 'buy' on Wednesday, stating the group's share price was yet to reflect "a series of upcoming product catalysts".
Beyond Hikma's gVascepa and Gx Advair products, Jefferies said it also sees "significant optionality" from specialty product launches in US generics and new launches in injectables, both of which should sustain strong mid-term growth.

As a momentum stock, Jefferies said looking beyond the 2021 trading year; its 2022 underlying earnings forecasts were 5% above consensus, while 2023 was 11%, and added proprietary analysis of NADAC data with IQVIA data also suggested potential upside from Gx pricing if current trends persist.

Jefferies also noted that Hikma trades at a 10% discount on an enterprise value to earnings before interest, tax, depreciation and amortisation ratio despite marginally stronger growth than its peer group.

"Hikma has typically traded on momentum, and we see the strong outlook on new product launches as supportive of multiple expansion," said Jefferies, which issued Hikma with its new price target of 2,870.0p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

HIK Market Data

Currency UK Pounds
Price 2,314.00p
Change Today 4.00p
52 Week High 2,695.00p
52 Week Low 2,100.00p
Volume 154,950
Shares Issued 230.77m
Market Cap 5,340m
Beta 0.01

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
PEG
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. half sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. half market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 9
Buy 1
Neutral 1
Sell 0
Strong Sell 1
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HIK Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Mar-21 20-Aug-20
Paid 26-Apr-21 21-Sep-20
Amount 34.00¢ 16.00¢

Trades for 13-May-2021

Time Volume / Share Price
16:35 72,190 @ 2,314.00p
16:29 3 @ 2,312.00p
16:29 10 @ 2,312.00p
16:29 2 @ 2,311.00p
16:29 11 @ 2,311.00p

HIK Key Personnel

CEO Sigurdur Olafsson