Canaccord Genuity Initiates Coverage On Perrigo Company plc Ordinary Shares to Buy

Canaccord Genuity Initiates Coverage On Perrigo Company plc Ordinary Shares(PRGO). The shares have been rated Buy. Previously, the analysts had a Buy rating on the shares. The rating by the stock financial advisor at Canaccord Genuity was issued on Feb 22, 2017 in a research report to their Investors and Clients.

Perrigo Company plc Ordinary Shares (PRGO) shares turned negative on Wednesdays trading session with the shares closing down -0.58 points or -0.69% at a volume of 14,35,135. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $84.67. The peak price level was also seen at $84.67 while the days lowest was $83.41. Finally the shares closed at $84.09. The 52-week high of the shares is $140.65 while the 52-week low is $71.84. According to the latest information available, the market cap of the company is $12,056 M.

Perrigo Company plc Ordinary Shares(PRGO) last announced its earnings results on Nov 10, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $1.33B. Analysts had an estimated revenue of $1.28B. Earnings per share were $1.65. The reported EPS was above estimates by $0.06 or 3.77%. Analysts had estimated an EPS of $1.59.

Several Insider Transactions has been reported to the SEC. On Nov 28, 2016, Judy L Brown (EVP, Business Ops & CFO) sold 2,097 shares at $89.44 per share price.Also, On Nov 23, 2016, Todd W Kingma (Executive VP, General Counsel) sold 750 shares at $88.68 per share price.On Nov 21, 2016, Geoffrey M. Parker (director) purchased 2,500 shares at $88.75 per share price, according to the Form-4 filing with the securities and exchange commission.

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