AstraZeneca plc 10.5% Potential Decrease Indicated by Oddo

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AstraZeneca plc using EPIC/TICKER code (LON:AZN) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘REDUCE’ today by analysts at Oddo. AstraZeneca plc are listed in the Health Care sector within UK Main Market. Oddo have set their target price at 7600 GBX on its stock. This is indicating the analyst believes there is a potential downside of -10.5% from the opening price of 8492 GBX. Over the last 30 and 90 trading days the company share price has decreased 180 points and increased 1539 points respectively. The 1 year high share price is 9335 GBX while the 52 week low for the stock is 5871 GBX.

AstraZeneca plc has a 50 day moving average of 8,590.20 GBX and a 200 Day Moving Average share price is recorded at 7,689.65. There are currently 1,312,261,399 shares in issue with the average daily volume traded being 2,638,820. Market capitalisation for LON:AZN is £112,552,660,192 GBP.

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